Pursuant to the regulation 30 of the SEBI(LODR) Regulations 2015, read with clause 16(g) of clause A of part A of schedule III thereof, we hereby inform you that the resolution professional ....
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Awaiting price reaction for this filing.
Unitech International Ltd, currently under the Corporate Insolvency Resolution Process (CIRP), has published Form G inviting Expression of Interest (EoI) and Resolution Plans from prospective buyers. The company operates in importing, exporting, and manufacturing plastic articles based in Mumbai and Silvassa. The last date for submitting EoI is 1 February 2026, the final list of resolution applicants will be issued on 26 February 2026, and resolution plans must be submitted by 2 April 2026. Notably, the company currently has nil employees, no functional website, and several financial details listed as 'Not Applicable', suggesting very limited or no ongoing operations. Mr. Nitin Narang is acting as the Resolution Professional.
This filing confirms the company is deep into insolvency proceedings, meaning existing shareholders are highly likely to face significant dilution or total loss of value depending on the resolution plan accepted by creditors. The stock remains speculative and risky, with resolution outcome (acquisition, restructuring, or liquidation) being the key catalyst to watch.