Unitech independent director resigns

Unitech independent director resigns
The company has taken into effect the resignation letter from September 10th, it added.
  • Country:
  • India

New Delhi, Sep 11 (PTI) Crisis-hit Unitech Ltd Tuesday said that Kali Charan Agarwal, an additional Non-executive Independent Director has resigned from the company.

In a filing to the BSE, the Gurgaon-based developer said that Agarwal tendered his resignation yesterday.

The company has taken into effect the resignation letter from September 10th, it added.

Debt-ridden Unitech is facing a huge crisis as the company has failed to deliver its housing projects on time, forcing home buyers to protest on streets and on sites as well as file court cases.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.