Pursuant to the regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with sub clause 16(g) of clause A of Part A of schedule III, We hereby inform ....
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Unitech International Ltd, which is currently under the Corporate Insolvency Resolution Process (CIRP), held its 5th Committee of Creditors (CoC) meeting on December 30, 2025. The voting results were received on January 12, 2026, and all resolutions placed before the CoC were approved by the requisite majority as required under the Insolvency and Bankruptcy Code, 2016. The key resolution approved was authorizing the Resolution Professional, Mr. Nitin Narang, to issue and publish the detailed Expression of Interest (EOI) and eligibility criteria along with Form G under Regulation 36A of the CIRP Regulations. This step invites eligible parties to come forward as potential resolution applicants to revive the company.
This is a procedural step in the ongoing insolvency resolution process. By approving the EOI, the company moves closer to finding a resolution applicant, which is a positive development for potential revival. However, shareholders remain at risk as equity typically takes the last priority in IBC resolution and may be diluted or wiped out depending on the resolution plan.