Brief: Unitech Ltd says co's MDs taken into custody for delay in project delivery

Unitech

05/04/2017 07:35

April 5 (Reuters) - Unitech Ltd  UNTE.NS  
    * Clarifies on news item "Unitech MDs arrested by EOW for 
duping flat buyers" 
    * Says managing directors of co been taken into custody for 
delay in delivery of a project 
    * Co taking appropriate available remedies, in accordance 
with law 
    * Co and its officials are fully co-operating with 
authorities 
    * Says day to day operations of co fully functional 
    * There is no fraud committed with any customer 
 
Source text: http://bit.ly/2nWn2JS 
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