UNITECH LTD.

Unitech Ltd has announced that the tenure of its Chairman & Managing Director, Sh. Yudhvir Singh Malik, IAS (Retd.), will conclude on July 20, 2026. His appointment, initially for two years from January 21, 2020, was extended multiple times by the Ministry of Corporate Affairs (MCA). The latest extension was for six months, ending on July 20, 2026, or until further orders. The company has not yet received communication from the MCA regarding a successor. The Board of Directors acknowledged this development in their meeting held on July 20, 2026. Unitech will update the stock exchanges upon receiving further information from the MCA.

Unitech Ltd announced the outcome of its Board Meeting held on July 16, 2026. The board approved the re-appointment of M/s Pant S. & Associates as Cost Auditors for FY 2026-27. Additionally, M/s GSA & Associates, LLP has been re-appointed as Statutory Auditors for a second consecutive term of 5 years, commencing after the 55th AGM until the 60th AGM, subject to shareholder approval. The meeting commenced at 11:30 a.m. and concluded at 11:50 a.m.

Unitech Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The trading window will be shut from Wednesday, July 15, 2026, and will reopen 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The specific date for the board meeting to approve these financial results will be communicated in due course.

Unitech Ltd has announced the resignation of its Chief Financial Officer, Mr. Tajinder Pal Singh Madan, effective from the close of working hours on May 29, 2026. The resignation was accepted during the Board of Directors meeting held on May 28, 2026. Mr. Madan cited personal reasons for his departure, specifically his relocation from Gurugram. The company confirms there are no other material reasons for his resignation.

Unitech Limited's Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, in a meeting held on May 28, 2026. However, the statutory auditors, G S A & Associates LLP, issued a disclaimer of opinion on the standalone financial results. This disclaimer is due to the inability to obtain sufficient appropriate audit evidence, primarily stemming from ongoing matters related to the Hon'ble Supreme Court's directives, including the supersession of the previous board, the appointment of a new board, and the non-approval of the proposed resolution framework for the Unitech group, which impacts the consideration of reliefs and concessions in the books of accounts.

Unitech Limited has submitted its Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The Board of Directors approved these results in a meeting held on May 28, 2026. However, the statutory auditors, G S A & Associates LLP, issued a disclaimer of opinion on the financial results. This disclaimer is primarily due to the ongoing Supreme Court matter concerning the superseded board and the unapproved Resolution Framework for the Unitech group. The auditors stated they could not obtain sufficient appropriate evidence to provide a basis for expressing an opinion on whether the financial results are prepared in accordance with Indian Accounting Standards and other recognized accounting practices.

Unitech Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the Audited Financial Results (Standalone & Consolidated) for the quarter and year ended March 31, 2026. The meeting is being held pursuant to regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mrs. Uma Shankar has resigned from her position as Nominee Director (Non-Executive) of Unitech Ltd, effective March 7, 2026, due to personal reasons. She was initially appointed by the Central Government in the Ministry of Corporate Affairs (MCA) following a Supreme Court order. The MCA has acknowledged her resignation. Unitech has confirmed there are no other material reasons for her resignation. The company also reported a delay in filing the disclosure, attributing it to oversight.

Unitech Ltd has submitted a response to NSE and BSE regarding price movement clarifications. The company, run by a Central Government-appointed Board with Supreme Court approval, denies withholding any material information. Construction activities have commenced on some stalled projects, inspiring confidence among stakeholders. The price/volume increase is due to market conditions and stakeholder positivity, outside the company's control. Regular dissemination of information through public notices is ongoing.

Unitech Ltd, in accordance with SEBI regulations and the company's Code of Conduct, has announced the closure of the trading window for dealing in securities. The closure will be effective from Wednesday, 1st April, 2026 until 48 hours after the declaration of the Audited Financial Results for the quarter and year ended 31st March, 2026. The date of the Board meeting for the approval of the financial results will be intimated in due course.