Unitech Group has extended the tenure of Ashok Kumar Yadav, IAS (Retd.), as Chief Executive Officer for a further period of two years. The extension is effective from February 11, 2027, to February 10, 2029.

The Board of Directors approved this decision at its meeting held on October 22, 2026, following the recommendation of the Nomination & Remuneration Committee. The appointment remains subject to further orders from the Board.

Leadership Continuity

Ashok Kumar Yadav is a retired officer of the Haryana Cadre of the Indian Administrative Service (IAS). His profile highlights extensive experience in government administration and the corporate sector. He has previously served as Managing Director and Director in various Public Sector Undertakings.

His expertise spans real estate, business process improvement, public policy making, and non-profit organization management. Yadav holds an LL.M. degree from Punjab University, Chandigarh.

Regulatory Disclosure Details

The company disclosed the change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the relationship between directors is not applicable for this role, and no SEBI enforcement orders regarding director appointments are relevant to this extension.

Unitech Limited shareholders approved all resolutions at the 55th Annual General Meeting (AGM), including the adoption of FY26 financial statements and the reappointment of GSA & Associates LLP as statutory auditors.

The meeting, held on September 24, 2026, via Video Conferencing, saw strong support for management proposals. The adoption of audited standalone and consolidated financial statements received 99.96% votes in favour, while the auditor reappointment secured 99.12% support.

Voting results for key resolutions

The e-voting results disclosed in the scrutinizer's report confirm the passage of all ordinary resolutions. The table below details the voting patterns for the primary agenda items:

Notably, no promoter or promoter group shares were voted during the meeting. All votes were cast by public shareholders, with institutional holders accounting for approximately 32% of their eligible shares voting, compared to roughly 10% participation from other public shareholders.

Key resolutions passed

Members approved the following ordinary resolutions during the proceedings:

Attendance and governance

The meeting was attended by 116 members through the virtual platform. The following directors were present via video conference:

• Giridhar Aramane, Chairman & Managing Director
• Girish Kumar Ahuja, Director (Chairman, Audit & Risk Management Committee)
• Jitendra Mohandas Virwani, Director
• Prabhakar Singh, Director
• Ramsekharch Manchalapati, Director (Chairman, Stakeholders' Relationship Committee)

Statutory Auditor representative Ms. Anshu Gupta attended in person, while partner Sh. Sunil Agarwal joined virtually. Other professionals present included Cost Auditor Sh. Santosh Pant, Secretarial Auditor Ms. Kiran Amarpuri, and Scrutinizer Sh. Praveen Dua.

The e-voting results and the Consolidated Scrutinizer's Report have been submitted to stock exchanges and placed on the company website.