SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Unitech acquires stake in M/s Unitech Holdings

20 Sep 2024 Evaluate

Unitech has paid consideration for acquiring 9,37,500 equity shares of face value of Rs 10 each at a premium of Rs 150 per equity share, of M/s Unitech Holdings (UHL), a wholly-owned subsidiary of the Company, for an amount aggregating to Rs 15.00 crore, on rights issue basis. Upon completion of the Transaction, M/s Unitech Holdings, will continue to be a wholly-owned subsidiary of the Company.

The objective of acquisition is to maintain the prescribed Net Owned Fund (NOF) in the case of UHL, (holding Strategically Important Assets), an NBFC in compliance with RBI Regulations and Directions.  With the current investment, the Company's shareholding in UHL remains at 100%. 

Unitech is one of India's leading Real Estate player.


Unitech Share Price

5.06 0.02 (0.40%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×