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 net loss of Rs 738.66 Cr on total revenue of Rs 117.14 Cr for the quarter. Auditors flagged major concerns about Unitech's ability to continue as a going concern, pointing to substantial legacy issues, unreviewed subsidiary financials, and ongoing legal and financial reconciliations. The board also appointed M/s Pant S. & Associates as Cost Auditors for FY26 and CS Kiran Amarpuri as Secretarial Auditor for five years, subject to shareholder approval. This reflects the complex challenges the new management faces.