Login To Trade  |  About IIFL
  • NIFTY  8556.8  23.95 0.28%
  • SENSEX 28223.12  108.56 0.39%
  1. News
  2. Sector

  3. Real Estate

Unitech clarifies reports on exercise of put option by Lehman Brothers'

India Infoline News Service | Mumbai | August 25, 2010 16:03 IST

The Company has received no notice of the exercise of any put option in respect of Lehman Brothers' investments in any of its projects.

Unitech Ltd has announced that various unfounded reports are appearing in news relating to exercise of put option by Lehman Brothers' realty fund with respect of its investment in Unitech's reality project in Mumbai.

The Company has received no notice of the exercise of any put option in respect of Lehman Brothers' investments in any of its projects. Therefore, such news regarding exercise of put option by Lehman Brothers is incorrect and without any substance, and is denied.

Any arrangements in respect of investments by Lehman Brothers' entities in any of Unitech's projects are subject to obligations of confidentiality and it would be inappropriate for the Company to comment further

BSE 8.07 0.48 (6.32%)
NSE 8 0.40 (5.26%)

***Note: This is a NSE Chart


Turn your smartphone into a powerful mobile trading platform - Know more!!!

Read more on: Unitech 
article
113101403954
Unitech clarifies reports on exercise of put option by Lehman Brothers'
Unitech clarifies reports on exercise of put option by Lehman Brothers'
The Company has received no notice of the exercise of any put option in respect of Lehman Brothers' investments in any of its projects.
http://www.indiainfoline.com/article/news-top-story/unitech-clarifies-reports-on-exercise-of-put-option-by-lehman-brothers-113101403954_1.html
August 25, 2010 16:03 IST
http://content.indiainfoline.com/_media/iifl/img/article/default/glo_news.jpg
Unitech
Real Estate
$rawVideoFileUrl$
$videoPlayerUrl$
Recent Reports

Revival some time away

India Infoline Research Team / 10:30, Jul 13, 2015

Tourism Finance Corp (TFCIL), a niche financier of tourism related projects and activities, has witnessed a sharp moderation in loan growth from 32% in FY12 to just 1% in FY14

News