
Unitech Ltd Submits FY26 Business Responsibility and Sustainability Report
Unitech Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as required by SEBI regulations. The report details the company's operational history, including its past challenges and the subsequent Supreme Court-directed management changes. It outlines the ongoing efforts under the new board, appointed in January 2020, to address legacy issues. This includes the submission of a Resolution Framework to the Supreme Court for project completion and stakeholder settlement, and the involvement of Justice (Retd.) A. M. Sapre in asset monetization and tender processes. The report highlights the phased approach to floating tenders for project completion, with Lot-1 and Lot-2 tenders already processed and approved by the Supreme Court.
Key Highlights
- Company submitted FY26 Business Responsibility and Sustainability Report.
- Report details efforts to resolve legacy issues and complete stalled projects.
- Supreme Court-supervised process for project completion and asset monetization.
- New board appointed in 2020 is overseeing resolution framework.
- Tender processes for project completion are underway and approved.
Price Impact
More from UNITECH