Unitech International Limited Discloses 7th Committee of Creditors Meeting Outcome
Unitech International Limited successfully conducted its 7th Committee of Creditors meeting on March 24, 2026, following a one-day deferment. The key highlight was the unanimous approval of the Request for Resolution Plan with 100% voting rights, while five other agenda items including legal counsel appointment and expense ratifications were deferred to the next meeting due to time constraints.

*this image is generated using AI for illustrative purposes only.
Unitech International Limited has disclosed the outcome of its 7th Committee of Creditors (CoC) meeting conducted under the Corporate Insolvency Resolution Process (CIRP). The company provided detailed information about the meeting proceedings and voting results to BSE Limited on March 25, 2026, in compliance with regulatory requirements.
Meeting Execution and Timeline
The Committee of Creditors meeting was successfully conducted on Tuesday, March 24, 2026, at 12:00 P.M. through video conferencing. This followed the company's earlier announcement of a one-day deferment from the originally scheduled date of March 23, 2026.
| Meeting Details: | Information |
|---|---|
| Final Date: | March 24, 2026 (Tuesday) |
| Time: | 12:00 P.M. |
| Mode: | Video Conferencing |
| Meeting Type: | 7th Committee of Creditors Meeting |
| Disclosure Date: | March 25, 2026 |
Agenda Items and Voting Outcomes
The Committee of Creditors considered six agenda items during the meeting. Due to time constraints, five items were deferred to the next CoC meeting, while one resolution was successfully passed.
| Agenda Item: | Action Taken |
|---|---|
| Legal counsel appointment for CIRP proceedings | Deferred to next CoC meeting |
| PCS firm appointment for statutory compliances | Deferred to next CoC meeting |
| RP expenses ratification under Regulation 34 | Deferred to next CoC meeting |
| Accountant Mr. Rohit Sharma fees ratification | Deferred to next CoC meeting |
| Request for Resolution Plan (RFRP) approval | Passed with 100% voting rights |
| Statutory auditor fee consideration | Deferred to next CoC meeting |
Key Resolution Approved
The most significant outcome was the unanimous approval of the Request for Resolution Plan (RFRP) and Evaluation Matrix of Corporate Debtor to Potential Resolution Applicants (PRAs). This resolution received 100% voting rights from the Committee of Creditors, marking a crucial step in the company's insolvency resolution process.
Resolution Professional Information
Mr. Nitin Narang, the Resolution Professional for Unitech International Limited, signed the disclosure communication. His professional details remain consistent with previous filings.
| Professional Information: | Details |
|---|---|
| IBBI Registration Number: | IBBI/IPA-002/IP-N00828/2019-2020/12629 |
| AFA Valid Till: | June 30, 2026 |
| Office Address: | Shop No. 19, Vijay Nagar, Single Story, Near SBI & PNB Branches, New Delhi |
Regulatory Compliance
The disclosure was made under Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015, read with sub-clause 16(g) of Clause A of Part-A Schedule III. The company classified this information as material information under the Corporate Insolvency Resolution Process and requested BSE to take the meeting outcome on record.
Historical Stock Returns for Unitech International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.93% | -8.86% | -10.14% | -36.33% | -29.11% | -6.73% |
What timeline has been established for potential resolution applicants to submit their resolution plans following the RFRP approval?
How might the deferral of five agenda items, including legal counsel and compliance appointments, impact the overall CIRP timeline and process efficiency?
What are the key evaluation criteria in the approved matrix that will determine the selection of the winning resolution applicant?































