acne unitech
January 13, 2016
Ms. Usha Sharma
Deputy General Manager
Surveillance & Supervision
BSE Ltd
Floor 25, PJ Towers, Dalal Street
Mumbai-400 001
‘Sub:_Clarification/Confirmation_on_news_item_appearing_in_Certain_ New
Papers and Compliance under regulation 30 of SEB! (Listing Obligations and
Disclosure requirements), Regulations, 2015
Dear Madam,
With reference to your letter no LIDOSS/ONU/RV/SS/2015-2016/193 dated
January 12, 2016 regarding news item appearing in ‘The Financial Express’
and some other newspapers, the company wishes to clarify that the court
case pertaining to a complaint made by a customer, where the apartment was
booked in 2006 and was to be delivered in 2009, However due to delays in
certain regulatory clearances including environmental approval, the fiat could
be delivered only in 2011. The said apartment was and is ready for
possession since 2011
The Leamed Sessions Court stayed the arrest order of the Additional Chief
Metropolitan Magistrate and granted bail on the very same day.
Unitech remains committed towards delivering its ongoing projects and has
renewed its efforts to that end. The company has also mobilized sufficient
resources to achieve this. We are currently delivering over 300 units a month
and expect to increase the pace further substantially. During the first 6 months
of the current financial year, the company has already delivered 2.43 million
square feet of area and deliveries are on in 47 projects across regions.
Further, we are not aware of any reason for fall in price in the scrip of the
Compal
Thanks.& Regards
(Deepak Jain)
Company Secretary & Compliance Officer
Untech Commercial Tower, Secior-45, 6-Block, Green Wood Cty, Gurgaon-122001, Haryana, India
F401 124 4895 300 F +91 124 2983:392, +01124 4895 900
E-mal: share.dept@unitechgroup.com «_wrewunitechgroup.com
FRogd. Office: Basoment, 6, Community Contre, Saket, Now Dolh- 110017
T9111 26857331 F 491 1126857338