Read Financial Articles on Day Trading, Investment, Stock Market, NIFTY, BSE, NSE, Mutual Fund, Commodities and ETF
JACKPOT PACKAGE: Get 95%+ Accuracy in our premium package. Charges only Rs.5000/Month.
To Get Free Trial Just SMS JACKPOT and your Name to 9999961207 or Call Us.
Share Gyan launches new website for COMMODITY TIPS. Register for free trial @ CommodityGyan.in now!


Unitech comes forward with several block agreements

Monday, January 19, 2009 11:05 am
By ShareGyan.com NewsDesk

Unitech saw several block agreements in early trade. 50 lakh shares or more have changed hands at standard Rs.27 per share. The company will sanction fund raising plans of Rs.5000 crore in today’s EGM. Its board is expected to sanction dilution of up to 40% to increase USD 800 million to 1 billion.
Reportedly, the company is in discussions with hold of PE players to increase funds in Unitech, agreement may be signed soon.
IFCI sold 1.7 crore shares at Rs.29 per share on Friday. According to the reports, IFCI sold shares vowed with the organization before EGM.

You can skip to the end and leave a response. Pinging is currently not allowed.
Tags: ,

Leave a Reply

« Internet Protocol Television services soon to be introduced in India by Airtel
Midday Note: Sensex swings around 9300 mark with dull market »

Copyright © 2009 ShareGyan.com. All rights reserved.

Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. ShareGyan.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.

Disclosure: The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.