Unitech Limited has formally responded to stock exchange queries regarding recent significant price movements in its securities, clarifying that no material information has been withheld from investors. The response, dated 9th April, 2026, was submitted to both BSE Limited and the National Stock Exchange following inquiries about unusual trading activity.

Exchange Communications and Timeline

The company received communications from both major exchanges seeking explanations for price volatility. The NSE inquiry came through letter No. NSE/CM/Surveillance/16658 on 06.04.2026, while BSE followed with communication No. L/SURV/ONL/PV/SG/2026-2027/3 on 07.04.2026.

Corporate Governance Structure

Unitech Limited operates under unique governance arrangements established through Supreme Court orders. The company is managed by an independent Board of Directors appointed by the Central Government with prior Supreme Court approval, as per orders dated 20.01.2020, 13.10.2022, and 25.02.2026.

Regulatory Compliance and Disclosure

The company emphasized its adherence to disclosure requirements under SEBI regulations. Key compliance aspects include:

• No material information withheld under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Regular dissemination of required information through proper channels
• Transparency maintained regarding events that could impact stock price or volume
• Information sharing through public notices on the company website

Project Development Activities

A significant factor contributing to market sentiment involves the resumption of construction activities. Under Supreme Court direction, Unitech has begun awarding contracts for completing various pan-India projects that had remained stalled for 06-07 years. Construction activities have commenced on several projects, generating renewed confidence among homebuyers and stakeholders.

Market Movement Attribution

The company attributed recent price and volume increases to market-driven factors beyond its control. Management stated that the movements result from:

• Pure market conditions
• Increased positivity among stakeholders
• Renewed confidence following project resumption
• Natural market dynamics outside company influence

Communication Channels

Unitech maintains regular communication with stakeholders through multiple channels. The company publishes updates and notices on its website at www.unitechgroup.com , ensuring transparency regarding Supreme Court orders and regulatory requirements. All mandatory disclosures continue to be shared with exchanges as required under SEBI regulations.

The response was signed by Company Secretary Anuradha Mishra from the company's corporate office at Signature Tower, Gurugram, reaffirming Unitech's commitment to regulatory compliance and transparent communication with market participants.

Unitech group has announced the appointment of Sh. Ramsekhar Manchikalapati as Director on its Board, effective immediately from 02.03.2026. The appointment comes pursuant to Ministry of Corporate Affairs order F. No. Legal-10/1/2020-O/o DGCoA-MCA dated 02.03.2026, issued in compliance with the Hon'ble Supreme Court order dated 25.02.2026.

Regulatory Compliance and Background

The appointment follows a series of regulatory communications, with Unitech Limited referencing previous letters dated January 21, 2020, January 22, 2020, February 03, 2020, and October 19, 2022. The Ministry of Corporate Affairs order was issued in compliance with the Supreme Court directive in IA No. 155305 of 2022, which is connected to Civil Appeal No. 10856/2016 titled Bhupinder Singh v. Unitech Limited.

Director Profile and Experience

Sh. Ramsekhar Manchikalapati brings substantial experience to Unitech Limited's Board. He is a retired officer of the Indian Administrative Service from the Haryana cadre, belonging to the 1988 batch. His professional background spans over 35 years across multiple sectors including government, public sector, private sector, and consulting.

Manchikalapati's expertise encompasses the entire lifecycle of urban and regional development activities, along with physical and social infrastructure development and regulation. Currently, he serves as a member of the Governing Board at EMRI Green Health Services, a not-for-profit society where he leads healthcare and education initiatives.

Compliance Confirmations

Unitech Limited has confirmed that Sh. Ramsekhar Manchikalapati is not debarred from holding the office of Director by virtue of any SEBI order or by any other authority. This confirmation aligns with requirements under Circular Nos. LIST/COMP/14/2018-19 and NSE/CML/2018/02 issued by BSE Limited and the National Stock Exchange of India Limited respectively, dated June 20, 2018.

Corporate Governance Framework

The appointment has been made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III. The company has also complied with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, providing all required details in the regulatory filing.

The Ministry of Corporate Affairs order was signed by Alok Pandey ICLS, Deputy Director, Legal & Prosecutions Division, and issued with the approval of competent authority. The order specifically references the Supreme Court's approval of Manchikalapati's appointment in the ongoing legal proceedings related to Unitech Limited.