Intimation of resignation of Chief Financial Officer of the Company
UNITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Unitech Ltd has announced the resignation of Mr. Tajinder Pal Singh Madan as Chief Financial Officer. The Board of Directors accepted his resignation in a meeting held on 28th May 2026, with his last working day being 29th May 2026. The stated reason for the resignation is personal, as he needs to move out of Gurugram. The company has confirmed there are no other material reasons behind this departure. This is being disclosed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The departure of the CFO could raise short-term concerns about financial reporting continuity and management stability, especially given Unitech's history of corporate governance challenges. Investors should watch for the appointment of a replacement CFO.