Unitech Wireless properties may be attached;stock down

Shares of Unitech came under pressure after ET Now reported that the Enforcement Directorate is seeking legal advice to attach some of the specific properties of Unitech Wireless.

MUMBAI: Shares of Unitech came under pressure after ET Now reported that the Enforcement Directorate is seeking legal advice to attach some of the specific properties of Unitech Wireless.

The ED may attach properties worth Rs 2200 crore in next 7 days.

Shares of Unitech fell 5.36 per cent to Rs 28.25 on the NSE. The scrip touched a high of Rs 30 and low of Rs 28 in trade so far.

According to media reports, a team of ED official had visited some of the European countries recently to investigate involvement of Unitech Wireless in 2G scam case.
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