Unitech Limited — Board Meeting, 13-02-2025: Outcome of Board Meeting

The Board of Unitech Limited has convened a meeting during which key decisions were made. The board has approved the appointment of M/s Prem Arun Jain & Co. as the Internal Auditor for FY 2025-26. They also reviewed and approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The results show a revenue from operations of ₹53.47 crore and a net loss of ₹416.33 crore for the period. This highlights ongoing financial challenges, including significant losses attributed to increased operational costs and past management issues.