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UNIECOM — Unicommerce eSolutions News Story

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India's Unicommerce extends fall after chairman's resignation

BUZZ-India's Unicommerce extends fall after chairman's resignation

** Shares of Unicommerce eSolutions Ltd UICO.NS fall as much as 2.72% to 84.05 rupees apiece; stock last down 1.5%

** E-commerce enabling Software-as-a-Service (SaaS) platform's stock on course for a fourth straight session of decline, its longest losing streak in three months

** UICO says its chairman and independent director Manoj Kumar Kohli resigned, in an exchange filing post market hours on Friday

** The software company re-designated independent director Kasaragod Ullas Kamath as non-executive chairman of the board with effect from July 4th

** YTD, stock down 29.04%


(Reporting by Saikeerthi in Bengaluru)

((Saikeerthi@thomsonreuters.com))

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