This is pursuance of Regulation 30 of the SEBI(LODR) Regulations, 2015 read with sub-clause 16(g) of Clause A of Part A of Schedule-III, we wish to inform you that 6th COC meeting of Unitech ....
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Unitech International, which is under Corporate Insolvency Resolution Process (CIRP), held its 6th CoC meeting on 02.03.2026 via video conferencing. Three out of four agenda items — appointment of legal counsel, appointment of PCS firm for secretarial compliance, and ratification of Resolution Professional's expenses — were deferred to the next meeting due to lack of time. The only resolution passed (with 100% voting) was the approval of an addendum to Form G, which is the public invitation for resolution plans from potential bidders.
For shareholders, the company remains under insolvency with no resolution plan yet finalised. The Form G addendum approval is a positive procedural step as it keeps the bidding process active, but deferred decisions on legal counsel and compliance appointments may slow the resolution timeline. The stock remains a high-risk bet tied entirely to CIRP outcomes.