Unitech International: 3 of 4 CoC resolutions rejected at 8th CIRP meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 3.9 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Unitech International, currently under Corporate Insolvency Resolution Process, held its 8th Committee of Creditors meeting on 22 April 2026. Of 4 agenda items, only 1 was approved, which was ratifying expenses of the Resolution Professional. Resolutions to appoint a legal counsel for CIRP, appoint a PCS firm for secretarial compliances, and ratify the accountant's fees were all rejected by the CoC. The repeated rejections signal friction among creditors and may stall the insolvency resolution progress.
Firm remains under insolvency with a Resolution Professional. Repeated CoC rejections may delay the resolution process and prolong uncertainty for shareholders.