Unitech Extends Tenure Of Yudhvir Singh Malik As Chairman And Managing Director

Unitech Ltd, one of India’s prominent real estate firms, announced that the government has approved the extension of Yudhvir Singh Malik’s tenure as Chairman and Managing Director. Malik, a retired IAS officer, has been overseeing the company’s operations and restructuring process since his appointment.  

The extension is seen as a move to maintain consistency in leadership during a critical phase of Unitech’s revival. Under Malik’s stewardship, the company has focused on resolving pending projects, strengthening compliance, and restoring investor confidence.  

Industry observers note that continuity in leadership is crucial for Unitech, given its ongoing efforts to address regulatory challenges and deliver on commitments to homebuyers. The government’s decision reflects confidence in Malik’s ability to steer the company through its recovery path.  

Key Highlights  

• Government extends tenure of Yudhvir Singh Malik as CMD  
• Malik has been leading Unitech’s restructuring efforts  
• Focus remains on project completion and compliance  
• Extension ensures stability in governance and leadership  
• Seen as a step to reinforce investor confidence  

Sources: Economic Times, Business Standard, Mint