Unitech Group has announced the resignation of Mrs. Uma Shankar from its Board of Directors, effective March 7, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, dated April 24, 2026.

Director Resignation Details

Mrs. Uma Shankar (DIN: 07165728) served as a Nominee Director (Non-Executive) on the company's Board. Her resignation was submitted via email on March 7, 2026, and subsequently confirmed by the Ministry of Corporate Affairs through order No. F.N. Legal-10/1/2020-O/o DGCoA-MCA dated March 25, 2026.

Background of Appointment

Mrs. Uma Shankar was appointed as Nominee Director by the Central Government in the Ministry of Corporate Affairs on October 19, 2022, with immediate effect. This appointment was made in compliance with the Hon'ble Supreme Court order dated October 13, 2022. Her appointment was part of the broader restructuring following the Supreme Court's direction in Civil Appeal No. 10856/2016 titled Bhupinder Singh vs. Unitech Limited, where the court had directed the Union Government to appoint independent management for Unitech Limited.

Other Directorships

The resigning director holds positions in other listed entities as an Independent Director:

Regulatory Compliance and Disclosure

Unitech Limited has confirmed that there are no other material reasons for Mrs. Uma Shankar's resignation beyond the personal reasons stated. The company has acknowledged that the filing of this disclosure to the stock exchanges was delayed due to unintentional oversight and has committed to ensuring timely filings under SEBI (LODR) Regulations in the future. The resignation was formally communicated through email on March 7, 2026, and the MCA issued its confirmation order on March 25, 2026.

Supreme Court Oversight Context

The resignation occurs within the framework of the Supreme Court-mandated independent management structure for Unitech Limited. The Hon'ble Supreme Court had originally directed the appointment of eight Nominee Directors by the Central Government, with Mrs. Uma Shankar being added later to this governance structure. The company is required to inform these developments to the Hon'ble Supreme Court by way of affidavit as part of ongoing compliance requirements.

Unitech Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The unitech group submitted the mandatory certificate on April 10, 2026, to both the National Stock Exchange of India Limited and BSE Limited. The filing includes confirmation from the company's registrar and share transfer agent, Alankit Assignments Limited, certifying compliance with regulation 74(5) requirements.

Certificate Details and Confirmations

Alankit Assignments Limited, serving as the registrar and share transfer agent, provided comprehensive confirmations regarding securities handling procedures. The certificate validates that all securities received for dematerialization have been properly processed according to regulatory standards.

Key Regulatory Confirmations

The registrar certified several critical compliance aspects:

• Securities received for dematerialization were mutilated and cancelled following proper verification procedures
• The depository's name was substituted in company records as the registered owner within the mandated 15-day timeframe
• Complete details were furnished to the stock exchange as required
• All dematerialized securities maintain their listing status on the same exchanges where previously issued securities are listed

Administrative Details

The compliance certificate was signed by Anuradha Mishra, Company Secretary and Compliance Officer of Unitech Limited, and countersigned by Kamal Garg, General Manager at Alankit Assignments Limited. The documentation includes digital signatures and official company stamps, ensuring authenticity and regulatory compliance.

This quarterly filing represents standard regulatory practice, demonstrating the company's commitment to maintaining transparency and compliance with SEBI depositories regulations.