MARKET UPDATE :-
 |
| CAPITAL STROKE |
Yes Bank tumbles 8% on Ashok
Chawla's resignation; buys 13% stake in Valecha Engg
Yes Bank acquired 29,28,504 equity shares, constituting 12.99% of
Valecha Engineering, pursuant to invocation of pledge on the said equity
shares.
Shares of Yes Bank tumbled 8 percent intraday Thursday on the back of
resignation of Non-Executive (Independent) Part-time Chairman of the
bank.
The bank in its BSE filing said that, the Non-Executive (Independent)
Chairman of Yes Bank Ashok Chawla has resigned on November 14 with
immediate effect.
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