UNITECH LTD. - IT SEZ / Park portfolio

Unitech Ltd has informed BSE that Unitech Corporate Parks Plc (UCP) has announced that it has received an approach from a third party expressing interest in potential acquisition of its wholly owned subsidiary Candor Investment Limited and that it is currently in discussions regarding a possible sale of this subsidiary.<br/><br/>Further the Company has informed that, along with the approach to UCP, the Unitech Group has also been approached by a third party in relation to a strategic alliance for carrying out the remaining development of the IT SEZs / Parks currently under development along with the potential acquisition of its stake in certain IT SEZs / Parks.