UNITECHNSEUnitech Limited· ConstructionHighNegative
Announced Sat, 30 May · 11:19 IST

Unitech Limited has informed the Exchange regarding Resignation of Mr. Tajinder Pal Singh Madan as Chief Financial Officer of the company w.e.f. May 30, 2026.

Cfo ResignedManagement Changes View source PDF

UNITECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹4.93
prior close
₹4.90
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.4+0.0-0.4-3.0-1.6+2.6+1.6-1.8-1.8-1.2-4.9
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AI summary

Unitech Limited has announced the resignation of Mr. Tajinder Pal Singh Madan as Chief Financial Officer (CFO), effective from the close of working hours on May 29, 2026. The resignation was accepted by the Board of Directors at their meeting held on May 28, 2026. The stated reason for the resignation is personal, citing that Mr. Madan needs to move out of Gurugram. The company has confirmed there are no other material reasons for the departure. The intimation is made pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Likely market impact

The departure of the CFO represents a key management change at Unitech. With no replacement announced, investors should monitor for the appointment of a new CFO, which could impact financial reporting and investor confidence.