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.

Unitech Limited has announced that the Ministry of Corporate Affairs (MCA) has granted a six-month extension to the tenure of its Chairman & Managing Director, Sh. Yudhvir Singh Malik, IAS (Retd.). The extension, effective from January 21, 2026 to July 20, 2026, continues the leadership arrangement that has been in place since 2020.

Appointment History and Previous Extensions

Sh. Yudhvir Singh Malik was initially appointed by the MCA as Chairman and Managing Director of Unitech Limited for a two-year period through letters dated January 21, 2020 and January 27, 2020. This appointment was made in compliance with an order from the Hon'ble Supreme Court dated January 20, 2020.

The MCA has subsequently extended his tenure multiple times:

Current Extension Details

The latest extension covers the period from January 21, 2026 to July 20, 2026, or until the current Board is in place, or until further orders from the MCA, whichever occurs earlier. This represents a shorter extension period compared to the previous two-year terms granted in 2021 and 2023.

Board Acknowledgment

The Board of Directors of Unitech Limited formally acknowledged the tenure extension during their meeting held on January 31, 2026. The company communicated this development to both the National Stock Exchange of India Limited and BSE Limited through a formal compliance letter dated February 17, 2026.

The communication was signed by Anuradha Mishra, Company Secretary & Compliance Officer, ensuring proper regulatory disclosure of this significant corporate governance update.