Unitech International Limited (Under CIRP) has published Form G for invitation of Expression of Interest and Resolution Plans from prospective Resolution Applicants, marking a significant step in the ongoing Corporate Insolvency Resolution Process. The Resolution Professional, Mr. Nitin Narang, made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Insolvency Resolution Process Details

The publication of Form G has been made in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016 read with the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. This marks the commencement of the formal process for inviting Resolution Plans for the Corporate Debtor.

Company Profile and Operations

Unitech International Limited operates in importing, exporting and manufacturing of all kinds of plastic articles at Mumbai and Silvassa. The company details are as follows:

Resolution Process Timeline

The Resolution Professional has established a comprehensive timeline for the resolution process with specific milestones:

Contact Information and Process Details

Prospective Resolution Applicants can submit their Expression of Interest through the designated email address cirp.unitech@gmail.com . Additional details including financial statements of two years and lists of creditors are available upon request through the same email channel.

Mr. Nitin Narang serves as the Resolution Professional with IBBI Registration Number IBBI/IPA-002/IP-N00828/2019-2020/12629. His office is located at Shop No. 19, Vijay Nagar, Single Story, Near SBI & PNB Branches, New Delhi, with AFA validity till 30.06.2026.

Regulatory Compliance

The disclosure has been made pursuant to sub-clause 16(g) of Clause A of Part A of Schedule III of the SEBI regulations, treating this information as material under the applicable provisions. The company trades on BSE with scrip code 531867 under the name UNITINT.

Unitech International Limited has disclosed the outcomes of its 4th Committee of Creditors (CoC) meeting, revealing significant approvals for professional appointments and operational expenses under the Corporate Insolvency Resolution Process (CIRP). The meeting, held on December 15, 2025, addressed multiple agenda items through e-voting, with results received on January 12, 2026.

Professional Appointments Approved

The Committee of Creditors approved the appointment of registered valuers across three categories to determine the fair and liquidation value of the corporate debtor. The approved appointments include:

Additionally, the CoC approved the appointment of Arvind Mittal, Partner at BPSH & Associates, as Transaction Auditor for ₹2,50,000.00 excluding GST to determine the status of transactions under Chapter-III of IBC, 2016.

Service Provider Appointments

The committee approved several service providers for ongoing CIRP operations:

For security services at the Silvassa unit, Big Cat Security Service Agency was approved with fees of ₹18,500.00 per guard per shift per month and ₹35,000.00 per month for security supervisors.

Resolution Professional Remuneration

The CoC ratified the monthly remuneration of Mr. Nitin Narang, the Resolution Professional, at ₹2,00,000.00 per month plus applicable GST, along with reimbursement of actual expenses. The committee also approved and ratified CIRP expenses incurred by the Resolution Professional amounting to ₹28,120.00.

Regulatory Compliance

All approved professional fees and expenses will constitute insolvency resolution process costs as per Regulation 34 of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The Resolution Professional has been authorized to execute all necessary acts and documentation related to these appointments and approvals.

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in the ongoing insolvency resolution process.