Announced Tue, 6 Oct, 2026 · 18:30 IST
Unitech International CoC approves ratification of CIRP expenses
Price
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Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹2.96
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AI summary
Unitech International Ltd, currently under Corporate Insolvency Resolution Process (CIRP), held its 15th Committee of Creditors meeting on 20 Aug 2026 via video conferencing. The CoC voted to approve ratification of CIRP expenses incurred by Resolution Professional Nitin Narang under Regulation 34 of IBBI CIRP Regulations 2016.
Likely market impact
Routine procedural update within ongoing insolvency process; signals continuation of CIRP with no direct near-term benefit for shareholders.