Unitech Limited today received Rs 2,022 crore from Telenor Asia for acquisition of further 7.15 per cent stake in Unitech Wireless by way of issuance of fresh shares.
In a filing to the Bombay Stock Exchange the accompany said after taking the existing investment of Rs 4,113 crore made by Telenor, its total investment in Unitech Wireless amounts to Rs 6,135 crore. With this, total shareholding of Telenor in the issued and paid-up equity share capital of Unitech Wireless will increase from 60.1 per cent to 67.25 per cent.
At BSE, the company’s shares were trading at Rs 73.60 up 3.59 per cent from its previous close.
