Unitech Plans Corporate Restructuring, Hires Advisors - Unitech Ltd, the second-largest real estate developer in the country, is exploring opportunities for potential merger of its subsidiaries, demerger and other forms of restructuring, besides acquisition plans. The company has already appointed Ernst & Young, S R Batliboi & Co and Amarchand & Mangaldas & Suresh A Shroff & Co, as advisors to assist the restructuring exercise. The company has been looking at demerger of its non-core businesses in order to focus only on real estate.