Unitech promoters revoke pledged shares
The Financial Express, June 23, 2009, Corporates & Markets, Page 1
MUMBAI: Realty firm Unitech said on Monday that its promoters have revoked over five crore shares pledged with lenders, bringing down the total pledged stake to 24.42 per cent.
In a disclosure to the National Stock Exchange, the company said three of its promoters - Mayfair Investments, Prakausali Investments and Mayfair Capital - have revoked a total 5,08,56,963 pledged shares, representing 3.19 per cent of the share capital of the company.
Tuesday, June 23, 2009
Unitech promoters revoke pledged shares
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