madhu kapoor yes bank share

Kapur was the Chairman and Rana was the MD and CEO looking after the day-to-day operations. She has been witness to her parents build the bank and that emotional attachment will motivate her to always give her best to the Bank. Private sector lender Yes Bank has said that its promoters and the family of its co-founder Ashok Kapur have agreed to have their shareholding reclassified as non-promoters or public shareholders. This will alert our moderators to take action. Tomorrow is different. If Rana had not systematically tried to decimate the name of Ashok Kapur and take away the rights of the Kapur’s, hurting them with these actions, this fight would have never happened. * By clicking Register, you agree to our terms of use. Rana has three daughters – Radha, Rakhee and Roshni. Pick 5 of your favourite companies. Enter your email to get free stock market updates in your inbox ! In case you can’t find any email from our side, please check the spam folder. Your support through more subscriptions can help us practise the journalism to which we are committed. Please close this message to login again. Newcomer Madhu Kapur gets her fortune from a 9.3% stake in Bombay Stock Exchange-listed Yes Bank. Disciplinary History: SEBI has not imposed any penalties against the company or its directors for any economic offence and / or for violation of any securities laws, either in respect to advisory services being offered by us, or any other matter related to capital market, as on date. For the latest election news, analysis and live updates on Bihar Elections 2020, log on to NDTV.com/elections, Why You Must Calculate Your Real Value When Buying A Life Insurance Plan. ................................ Advertisement ................................ Madhu Kapur Group Gives Up Promoter Shareholding In Yes Bank, Edited by Abhik Deb (with inputs from agencies), HDIL Promoters Wadhawans Charged For Rs 200-Crore Yes Bank Fraud, 2 Cox And Kings Group Executives Arrested In Yes Bank Loan Default Case, Former Yes Bank CEO Rana Kapoor Fined Rs 1 Crore For Violating Disclosure Norms, Deadline For Filing Returns By Individual Taxpayers Extended Till Dec 31, More Stunning Pics From Neha Kakkar And Rohanpreet Singh's, Inside Neha Kakkar And Rohanpreet Singh's, Google To Invest Rs 75,000 Crore In India In 5-7 Years, Says Sundar Pichai: 10 Points, Flipkart To Buy 8% Stake In Aditya Birla's Fashion Unit For Rs 1,500 Crore, Government Taking Steps To Strengthen Agriculture Sector: PM Modi, Neha Kakkar And Rohanpreet Are Now Married. Linkedin. Ashok Kapur has two children – a daughter Shagun and son, Gaurav. That, in short iS the current story of Yes Bank.

Prior to the sale Kapur held 17.6 crore shares the the bank. For reprint rights: Madhu Kapur, family withdraw case against Yes Bank, Madhu Kapur sells 2.5 crore shares of YES Bank, Trending stocks: YES Bank shares up over 2% after Madhu Kapur's family withdraws case against bank, YES Bank to reclassify shareholding as Madhu Kapur camp agrees to be non-promoter group, YES Bank plunges 26% as Madhu Kapur sells 2.5% stake in bank, Yes Bank's Rana Kapoor in talks with Madhu Kapur for truce, Inciting hatred against a certain community, India's 1st Online Instant Personal Loan Marketplace, Pre-book the latest 5G smartphone at just Rs 2,000. Enter search phrase or stock name or username to search, The battle between the Kapur and Kapoor has now been dragged to the courts and has the daughter of one of the founders of the bank – Ashok Kapur, Shagun Kapur Gogia at the vortex of the storm. Without trying to sound like a column from a gossip magazine or a narrative from an Ekta Kapoor serial, here’s a low down on this battle at Yes Bank. To cancel, communicate from your registered email id and send the email with the cancellation request to. Let's reshape it today, Hunt for the brightest engineers in India. Team Business Standard, Business Standard Digital Monthly Subscription, Pay using Master/Visa Credit Card & ICICI VISA Debit Card, Auto renewed (subject to your card issuer's permission), Get 12 months of Business Standard digital access, Single Seamless Sign-up to Business Standard Digital, Pay using an instrument of your choice - Credit/Debit Cards, Net Banking, Payment Wallets accepted, Exclusive Invite to select Business Standard events, Borrowers' Diwali: Govt waives interest on interest for loans up to Rs 2 cr, Punjab & Sind Bank reports IF&FS Financial Services as fraud account to RBI. More importantly, she has one important quality which no “outsider” will have – emotional value for Yes Bank.

Kapur was the Chairman and Rana was the MD and CEO looking after the day-to-day operations. Srinivasan and Diwan Arun Nanda have assumed office on the bank’s board because they are above the cut-off age of 70 years set by RBI for bank directors. NEW DELHI: Yes Bank shares tanked 20 per cent in the early trade today after its single largest promoter Madhu Kapur, the widow of its founder … Mumbai  Madhu felt that as the legal heir to Ashok , she had the right to legally nominate directors to the Board. Madhu Kapur, along with her associate firms, holds around 9.23% in Yes Bank, while Rana Kapoor holds around 10.7% directly and through his associate firms. Your employer might provide you perquisites such as reimbursements, stock options and accommodation.

Madhu felt that as the legal heir to Ashok , she had the right to legally nominate directors to the Board. Clients are required to handle their funds on their own, with their respective stock brokers and they themselves are responsible for executing the trades at their own end.
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We, however, have a request. Meanwhile, as on March 31, 2020, SBI held 48.21 per cent stake in Yes Bank, followed by 7.97 per cent stake each held by HDFC and ICICI Bank. “Shares have been acquired pursuant to invocation of pledge of the shares subsequent to default/breach of terms of credit facilities sanctioned by Yes Bank to Essel Business Excellence Services Ltd, Essel Corporate Resources, Living Entertainment Enterprises, Last Mile Online, Pan India Network Infravest , RPW Projects, Mumbai WTR and Pan India Infraprojects,” it said in a separate regulatory filing. Thus getting berth on the Board because her father was there would as such hold no water.

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