Unitech Limited Announces End of Tenure for Chairman and Managing Director Sh. Yudhvir Singh Malik
The tenure of Sh. Yudhvir Singh Malik, IAS (Retd.), as Chairman and Managing Director of Unitech Limited is set to conclude on July 20, 2026.The company confirmed that Sh. Malik will cease to be the Chairman and Managing Director of M/s Unitech Limited upon the close of working hours on this date.
This update follows a meeting of the Board of Directors held on July 20, 2026, during which the matter was addressed. The tenure details relate to the earlier appointment by the Ministry of Corporate Affairs (MCA) and subsequent extensions granted to Sh. Malik in his role with the company.
As of now, Unitech Limited has received no communication from the MCA regarding the appointment of a successor to Sh. Yudhvir Singh Malik. The company stated that it will provide updates to the Stock Exchanges as soon as any further instructions or communications are received from the MCA concerning this senior executive position.
UNITECH Stock Price Movement
Today, Unitech Limited shares edged higher to settle at ₹4.60 after closing up 0.44%. The stock traded within a tight range during the session, hitting a high of ₹4.65 and logging a volume of 1.95 million shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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