New Delhi, Dec 21 (PTI) Shares of companies linked to the
2G spectrum allocation case surged up to 20 per cent today
after a special court acquitted all the accused.
D B Realty zoomed 19.89 per cent to end at Rs 43.70 —
its highest trading permissible limit for the day — on BSE.
Shares of Unitech soared 11.86 per cent to close at Rs
7.92, Sun TV Network went up by 4.51 per cent to Rs 982.10,
Reliance Communications rose by 4.05 per cent to Rs 17.97 and
Essar Shipping gained 2.15 per cent to Rs 28.55.
Former telecom minister A Raja, DMK MP Kanimozhi and all
other accused were today acquitted in the politically-
sensitive 2G spectrum allocation scam cases by a special court
which held that the prosecution “miserably failed” to prove
The fifteen other accused allowed to walk free include
former Telecom Secretary Siddharth Behura, Raja’s erstwhile
private secretary R K Chandolia, Swan Telecom promoters Shahid
Usman Balwa and Vinod Goenka, Unitech Ltd MD Sanjay Chandra
and three top executives of Reliance Anil Dhirubhai Ambani
Group (RADAG) — Gautam Doshi, Surendra Pipara and Hari Nair.
The Reliance Anil Dhirubhai Ambani Group welcomed the
judgement of the special court acquitting its three top
executives and Reliance Telecom Ltd.
This is published unedited from the PTI feed.