Unitech appoints retired IAS Giridhar Aramane as CMD for 2 years
UNITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Unitech has appointed retired IAS officer Giridhar Aramane (1988 batch, AP cadre, former Defence Secretary) as Chairman and MD for two years from August 25, 2026. He replaces Yudhvir Singh Malik whose term ended July 20, 2026. The appointment was ordered by the Ministry of Corporate Affairs following a Supreme Court order dated August 17, 2026, under an ongoing case about replacing Unitech's management. Salary is Rs 5 lakh per month plus company-leased accommodation.
Government-appointed retired bureaucrat takes top post at court-supervised Unitech. Signals continued regulatory oversight but experienced leadership at the helm.