Unitech Group Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The filing details the progress on project completions under the Supreme Court-supervised resolution framework.

Project Completion Progress

The company has made significant strides in awarding construction contracts to resume stalled projects. Following the approval of the Hon'ble Supreme Court on January 22, 2026, the Board of Directors approved the award of 10 tenders from Lot-5 to successful bidders in May 2026.

Additionally, the Board approved the floatation of 26 new tenders as part of Lot-6 during its meeting on May 28, 2026. This batch includes 15 re-tendered works and 11 fresh tenders. Approximately 17 remaining tenders are slated for floatation under Lot-7.

Financial and Operational Metrics

Unitech reported a total turnover of ₹3,80,28,44,681 for FY26. The net worth of the entity stood at a negative ₹56,96,42,65,727.

The business mix remains heavily skewed towards real estate activities, which contributed 85.21% of the turnover, while real estate activities on a fee or contract basis accounted for 14.79%.

Stakeholder Engagement

The company addressed grievances from various stakeholders during the year. It received 1,602 complaints from investors (other than shareholders), leaving 2,515 pending resolution at year-end. Customer complaints totaled 705, with none pending resolution by March 31, 2026.

What the Numbers Show

The divergence between the volume of investor complaints filed (1,602) and the higher number of pending resolutions (2,515) indicates a backlog in addressing historical claims, particularly from fixed deposit holders. In contrast, the zero pending customer complaints suggests effective closure of recent homebuyer queries, likely due to the structured possession and refund processes mandated by the Supreme Court.

Governance and Compliance

The Board of Directors currently comprises 5 members, with no woman directors as of March 31, 2026, following the resignation of Ms. Uma Shankar. The company incurred penalties totaling ₹1,00,000 on Unitech Limited and its erstwhile directors for violations of the Companies Act, 2013. Appeals against these penalties have been preferred before the Regional Director.

Unitech Group has scheduled its 55th Annual General Meeting (AGM) for September 24, 2026. The meeting will be held via Video Conferencing or Other Audio-Visual Means at 11:00 am.

The company issued the notice on August 31, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations. Shareholders can access the notice and annual report on the company website and NSDL’s e-voting portal.

Ordinary Business Agenda

The primary agenda involves adopting the audited standalone and consolidated financial statements for FY26. Members will also consider the reports of the Board of Directors and Auditors.

Auditor Reappointment

Shareholders will vote to reappoint M/s GSA & Associates LLP as Statutory Auditors. The firm will serve a second consecutive five-year term from the conclusion of this AGM until the 60th AGM. Their remuneration is fixed at ₹1.25 crore per annum plus GST.

Special Business Agenda

The meeting includes a resolution to ratify the remuneration of Cost Auditors for FY27. M/s Pant S. & Associates has been appointed to audit cost accounting records.

Anuradha Mishra, Company Secretary and Compliance Officer, signed the notice dated August 25, 2026.