Board approves extension of CEO Ashok Kumar Yadav's tenure by two years from February 2027
Unitech's Board has approved extending the tenure of Sh. Ashok Kumar Yadav, IAS (Retd.), as Chief Executive Officer and Key Managerial Personnel.
By ScoutQuest · · 2 min read
- Extension Tenure
- further period of 02 (two) years
- Effective Period
- 11.02.2027 to 10.02.2029, or till further order of the Board
- Recommendation By
- Nomination & Remuneration Committee
What was approved
The Board of Directors of Unitech Ltd, at its meeting held on Thursday, 22nd October, 2026, approved the extension of the tenure of Sh. Ashok Kumar Yadav, IAS (Retd.), as Chief Executive Officer (CEO) of the Company.
Key terms of the extension
- The extension is for a further period of 02 (two) years.
- It takes effect from 11.02.2027 and runs to 10.02.2029, or till further order of the Board of Directors.
- The decision was taken on the recommendation of the Nomination & Remuneration Committee.
- The role is that of CEO and Key Managerial Personnel (KMP).
Who is the CEO
Sh. Ashok Kumar Yadav is a retired IAS officer of the Haryana cadre. The update describes him as experienced, with a demonstrated history of working in government administration and the corporate sector. He has also functioned as Managing Director and Director in many Public Sector Undertakings, and has knowledge and skill in handling non-profit organizations, the real estate sector, business process improvement, public policy making and the corporate sector. He holds an LLM from Punjab University, Chandigarh.
How to read this
This is a leadership continuity announcement. The Board has decided to keep the same person in the CEO chair for a defined additional period rather than change the top executive. Such decisions are typically read as continuity in day-to-day management, since a CEO also functions as a Key Managerial Personnel responsible for the company's disclosures and compliance.
What the update does not change
The disclosure covers the tenure and the reason for the change. The extension is subject to further order of the Board, so the tenure is not absolute. Nothing in the announcement alters the company's share capital or its business operations by itself; it is a board-level personnel decision.
Also from Unitech
Three authorized persons named for determining materiality and making disclosures
23 Oct 2026
Board approves two-year extension of CEO tenure
22 Oct 2026
More numbers
- Further extension of CEO tenure02 (two) years
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