Announced Fri, 17 Jul · 17:55 IST
CoC approves 60-day extension of CIRP period
Regulatory & Legal View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+8.7%1-day move
₹3.22
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+8.7+4.0+4.0+2.5+7.1—————
Up moveDown movePending
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.