Unitech CMD Yudhvir Singh Malik's tenure ends on 20 July 2026

Ceo ResignedManagement Changes View source PDF Explain this filing

UNITECH · price

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Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹4.60

prior close

₹4.60

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.3% vs market

Residential Commercial Projects peers, median of 66sector-0.2%+0.2% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.2 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

-2.6-0.9-1.8-0.9-1.7

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-4.6-1.1-3.5-2.8-1.8

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-19.6-2.2-17.3-12.8-6.8

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sh. Yudhvir Singh Malik, IAS (Retd.), Chairman and Managing Director of Unitech Limited, completes his tenure effective close of business on 20 July 2026. He was originally appointed by the Ministry of Corporate Affairs in January 2020 under a Supreme Court order, with his tenure extended several times since. His latest six-month extension ran from 21 January to 20 July 2026. The Board noted the development in its meeting held on 20 July 2026. No successor has been announced, and the Company is awaiting further communication from MCA.

Likely market impact

Leadership vacuum at the top with no successor named yet. Awaiting MCA communication on new CMD appointment, creating short-term uncertainty.