Clarification
With reference to increase in Price, Unitech Ltd has submitted to BSE a copy of Clarification is enclosed.03-01-2018
03-01-2018
Clarification sought from Unitech Ltd
The Exchange has sought clarification from Unitech Ltd on January 02, 2018, with reference to increase in Price.The reply is awaited.02-01-2018
Companies, promoters prefer to play safe for now
Telenor, in joint venture with real estate developer Unitech, was one of the 122 companies whose licences were cancelled after the scam broke out.22-12-2017
Two Unitech directors resign, company assures completion of pending projects
Unitech is facing huge protest from home buyers because of delay in completion of about 70 projects. Earlier this week, the Supreme Court stayed NCLT order allowing the Centre to take over the management of Unitech.16-12-2017
Resignation of Director
This is to inform you that : i) the Company has received a letter dated 7th December, 2017 from Ms. Minoti Bahri, a Non-executive Director of the Company tendering her resignation from the office of Director of the Company. The resignation shall be effective from 11th December, 2017, the date of receipt of said letter by the Company....16-12-2017
HDFC sells, invokes pledged shares of Unitech
HDFC has sold 12,919,566 Unitech shares carrying voting rights worth 0.49% stake, and invoked 81,988,820 pledged shares worth 3.13% stake14-12-2017
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Housing Development Finance Corporation Ltd14-12-2017
Unitech shares crash after SC stay order on govt takeover of realty major
The Supreme Court today stayed the order of National CompanyLaw Tribunal (NCLT) ordering the supersession of the board of realty major Unitech.The move, which came after the Attorney General's admission that the governmentpetition to NCLT was a mistake, triggered a crash of Unitech shares. The shareswhich opened around Rs 7.5 levels, slipped by upto14 per cent to Rs 6.61 by noon after thestay on government move became public. The stay puts the focus back on the recovery effortsinitiated by the Supreme Court. Promoters Sanjay and Ajay Chandra, who are injudicial custody have been allowed special facilities to negotiate sale of thegroup's unencumbered assets to raise Rs 750 crore by the end of December. Over 4700 homebuyers have submitted their claims for refundthrough the portal created by the Supreme Court, running up dues of over Rs 1,800crore. For family members of Chandras, who were seen anxiously discussingthe details with lawyers, the wait is not over. Though the next hearing of .13-12-2017
Unitech case: Supreme Court frowns on NCLT's decision to allow govt to take over Unitech's management, says should have taken permission
Following the Supreme Court's concern, Unitech on Tuesday urged the court to immediately stay the NCLT's order that directed the government to take over the realty company's management.13-12-2017