Unitech Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Unitech's board has approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a revenue of Rs 105.00 Cr, alongside a net loss of Rs 738.66 Cr.

Key board decisions include the appointment of M/s Pant S. & Associates as Cost Auditors for FY25-26 and CS Kiran Amarpuri as Secretarial Auditor for five years, pending shareholder approval. Auditors highlighted significant ongoing legacy issues, including concerns about the company's ability to continue as a going concern, and numerous un-reconciled balances and litigation from the erstwhile management.