Wednesday, 14 November 2018

CAPITAL STROKE :- MARKET UPDATE

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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