Unitech Limited (UNITECH) — Board Meeting | 13 August 2026

Unitech Limited's board approved unaudited Q1 FY2026 results on 13 August 2026, revealing a consolidated net loss of [amount not verified] amid severe financial distress. The company faces ₹11,225.40 crores in outstanding dues, over 2,400 pending Supreme Court cases, and a disclaimer of opinion from auditors due to material uncertainties including going concern doubts, missing impairment assessments, and incomplete reconciliations. Legal matters involving NOIDA, GNIDA, and land disputes further complicate its position, with public deposits of ₹5,243.52 crores overdue since 2017 with ₹6,283.01 crores in unpaid interest. The board also noted non-compliance with SEBI regulations and Ind AS standards, particularly regarding revenue recognition and asset valuations.