Unitech Limited has informed the Exchange about Resignation of Director/KMP/SMP
UNITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Tajinder Pal Singh Madan has resigned from the position of Chief Financial Officer (CFO) of Unitech Limited. The resignation is effective from the close of working hours on 29th May, 2026. According to his letter dated 1st May, 2026, Madan cited personal reasons as the cause — he needs to move out of Gurugram and is unable to continue in the role. He thanked the management and staff for their support during his tenure with the Unitech Group. The filing was processed by the exchange on 30th May, 2026.
The departure of the CFO is a significant governance event as it removes a key financial officer mid-tenure. For shareholders, this raises concerns about financial reporting continuity and management stability, especially given Unitech's history of corporate governance challenges.