Unitech International Limited Discloses 7th Committee of Creditors Meeting Outcome

2 min read     Updated on 25 Mar 2026, 09:10 PM
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AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

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Unitech International Limited Approves Form G Addendum in 6th CoC Meeting Under CIRP

2 min read     Updated on 09 Mar 2026, 03:49 PM
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Unitech International Limited conducted its 6th Committee of Creditors meeting on March 2, 2026, where the committee unanimously approved an addendum to Form G with 100% voting rights. The addendum addresses pending queries from prospective resolution applicants and aims to ensure transparency, adequate participation, and healthy competition in the Corporate Insolvency Resolution Process.

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Unitech International Limited has disclosed the outcomes of its 6th Committee of Creditors (CoC) meeting held on March 2, 2026, where the committee unanimously approved an important addendum to Form G as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The meeting focused specifically on addressing queries from prospective resolution applicants and ensuring adequate participation in the resolution process.

Meeting Details and Regulatory Compliance

The Committee of Creditors meeting was conducted through video conferencing on March 2, 2026, at 04:00 P.M. The company disclosed this information under Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015, specifically under sub-clause 16(g) of Clause A of Part-A Schedule III.

Meeting Parameter: Details
Meeting Type: 6th Committee of Creditors (CoC)
Date: March 2, 2026
Time: 04:00 P.M.
Mode: Video Conferencing
Regulatory Framework: SEBI Regulation 30
Scrip Code: 531867

Form G Addendum Approval

The Resolution Professional informed the Committee of Creditors that Form G inviting Expression of Interest (EOI) from prospective resolution applicants was published on January 17, 2026, in accordance with Regulation 36A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The RP submitted that certain queries received from prospective resolution applicants were under examination with responses pending.

Resolution Details: Information
Form G Publication Date: January 17, 2026
Addendum Purpose: Address pending queries from PRAs
Voting Outcome: 100% approval
Regulatory Basis: Regulation 36A of IBBI Regulations

To ensure all prospective applicants receive adequate clarification and sufficient opportunity to participate in the process, and to maximize the value of the Corporate Debtor while fostering healthy competition among Prospective Resolution Applicants (PRAs), the Committee approved the issuance of an Addendum to Form G with suitable revision and extension of timelines.

Resolution Text and Objectives

The Committee of Creditors passed a comprehensive resolution with 100% voting rights, approving and ratifying the issuance of the Addendum to Form G dated January 17, 2026. The resolution emphasized that the addendum was issued to address pending queries of prospective resolution applicants and ensure transparency, adequate participation, maximization of value of the Corporate Debtor, and healthy competition among PRAs.

Resolution Professional Information

Mr. Nitin Narang continues to serve as the Resolution Professional overseeing the Corporate Insolvency Resolution Process for Unitech International Limited. The Resolution Professional has been authorized to take all necessary actions in connection with the issuance, publication, communication, and implementation of the addendum in compliance with applicable laws and regulations.

Professional Details: Information
Name: Mr. Nitin Narang
IBBI Registration: IBBI/IPA-002/IP-N00828/2019-2020/12629
AFA Valid Till: June 30, 2026
Office Location: Shop No. 19, Vijay Nagar, New Delhi

The company's registered office remains at D-714/Nilkant Business Park, Vidyavihar West, Mumbai — 400 086, with dedicated email communications for CIRP-related matters at cirp.unitech@gmail.com and unitech.international1@gmail.com .

Historical Stock Returns for Unitech International

1 Day5 Days1 Month6 Months1 Year5 Years
+4.93%-8.86%-10.14%-36.33%-29.11%-6.73%
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