Unitech Limited has announced that its board of directors will meet on Thursday, May 28, 2026. The primary agenda of the meeting is to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026.

The board will review both the standalone and consolidated financial statements for the specified period. This meeting is being convened in compliance with Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The following table outlines the key details regarding the upcoming board meeting:

The intimation regarding this meeting was officially communicated to the stock exchanges on May 22, 2026. The company has stated that the proceedings are for information and compliance purposes under the applicable regulations.

Praveen Gurnani has submitted a declaration under SEBI (SAST) Regulations 31(4) for the financial year ended 31st March 2026, disclosing his shareholding in Unitech Limited while formally protesting his classification as a Promoter Group member. The declaration reveals ongoing corporate governance issues and legal disputes surrounding shareholding categorization.

Shareholding Details and Current Status

As of 31st March 2026, Gurnani holds 42,75,310 equity shares of face value ₹2 each in Unitech Limited. His shareholding summary presents a clear picture of his current position:

Significantly, these shares have been marked as "Suspended for Debit" in his demat account since 31st December 2018. Gurnani explicitly states that no encumbrances were made during the financial year 2025-26 and argues that his shares should not be counted towards Promoter/Promoter Group/PAC shares.

Persistent Reclassification Requests

Gurnani's efforts to seek reclassification from Promoter Group to Public category span nearly eight years, beginning with his first communication on 16th May 2018. His correspondence with Unitech Limited demonstrates a systematic approach across multiple channels:

• Physical submissions: Direct submissions at Unitech office
• Postal communications: Speed post deliveries to company address
• Digital correspondence: Email communications to company officials
• Regulatory engagement: Direct communications with BSE and NSE

The communications timeline shows eleven separate attempts between May 2018 and April 2025, with increasing frequency in recent years. Despite this persistent engagement, the Board of Directors of Unitech Limited has rejected his reclassification requests on multiple occasions.

Legal Proceedings and Supreme Court Intervention

Following advice from Unitech Limited's Board of Directors to approach the Supreme Court of India, Gurnani has filed relevant applications seeking judicial intervention. The pending applications before the Hon'ble Supreme Court include:

• IA no. 298073/2024: Impleadment application
• IA no. 297931/2024: Direction application

These applications seek directions for reclassification of his name from Promoter Group to Public shareholder in Unitech Limited's shareholding pattern.

Declaration Under Protest

Gurnani's declaration emphasizes his position that he does not consider himself part of the Promoters, Promoter Group, or PAC of Unitech Limited. He categorically states having no role in the company's functioning or decision-making at any point in time. The declaration serves as both a regulatory compliance measure and a formal protest against his current classification.

The matter highlights ongoing complexities in corporate shareholding classifications and the challenges faced by individuals seeking to modify their regulatory status within listed companies. Gurnani continues to request immediate reclassification without further delay, describing his disclosure as "full and frank" in compliance with regulatory requirements.