CoC approves 60-day extension of CIRP period

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+6.2%Reaction day

₹3.22

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+5.6% vs market

Specialty Chemicals peers, median of 93sector+0.4%+5.8% vs sector

On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 5.8 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+6.2+0.6+5.6+0.4+5.8

Next day

+8.7+0.9+7.7+1.0+7.7

+4.0-0.2+4.3+0.3+3.8

+4.0-0.9+5.0-0.5+4.5

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+0.9-0.0+0.9+0.6+0.3

15d

-1.2+3.9-5.2+1.7-2.9

+1.2+4.8-3.6+2.3-1.1

-2.2+5.1-7.3+5.5-7.6

-11.5-1.6-9.9-1.7-9.8

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 93Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Unitech International, currently under CIRP, held its 11th Committee of Creditors meeting on 18 June 2026 via video conferencing. The CoC approved filing an application for a 60-day extension of the CIRP period. Resolution Professional Nitin Narang continues to manage the insolvency process.

Likely market impact

Extension delays resolution further, prolonging uncertainty for shareholders. Company remains under insolvency proceedings with no resolution plan yet approved.