Disclosure under regulation 30 of the SEBI (LODR) Regulations 2015, read with part A Schedule 3, we would like you to inform that 9th meeting of committee of creditors of Unitech international ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Unitech International Ltd disclosed that the 9th meeting of its Committee of Creditors (CoC) was scheduled for May 5, 2026 at 11:00 AM via video conferencing. The company is operating under the Corporate Insolvency Resolution Process (CIRP), with Mr. Nitin Narang serving as the Resolution Professional (IBBI Registration: IBBI/IPA-002/IP-N00828/2019-2020/12629). This disclosure is filed under Regulation 30 of SEBI (LODR) Regulations 2015 and falls under material information related to the ongoing CIRP. The meeting indicates continued progress in the insolvency resolution process for the company.
The ongoing CIRP indicates the company is in formal insolvency proceedings with creditors negotiating a resolution plan. This is a significant negative development for equity shareholders as their ownership stake is subject to the resolution outcome.