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 charges.

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.