Unitech International Conducts 4th Committee of Creditors Meeting Under CIRP

Unitech International Limited , currently undergoing Corporate Insolvency Resolution Process (CIRP), has conducted its 4th Committee of Creditors meeting on December 15, 2025, via video conferencing. The company disclosed this information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Current Status

The following table summarizes the key meeting information:

Resolution Professional Details

The company is now under the management of Mr. Nitin Narang as Resolution Professional, replacing the earlier Interim Resolution Professional Mayur Rajendrakumar Popat. The current Resolution Professional operates from New Delhi and holds IBBI Registration Number IBBI/IPA-002/IP-N00828/2019-2020/12629, with AFA validity until June 30, 2026.

CIRP Background and Timeline

The company's CIRP originally commenced on June 26, 2025, with the 180-day resolution timeline initially extending until December 24, 2025. The Committee of Creditors consists primarily of secured financial creditors, with Bank of Maharashtra being the main creditor holding claims of INR 35.00 crore.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by informing the stock exchanges about this material development. The meeting was conducted in accordance with the Corporate Insolvency Resolution Process requirements and represents continued progress in the resolution proceedings.

As Unitech International progresses through the insolvency resolution process, stakeholders continue to monitor developments closely, with the Resolution Professional working to ensure the company's continued operations during this critical phase.