24 Oct

madhu kapur

Times Syndication Service. All rights reserved.For reprint rights. In a regulatory filing on Tuesday, the bank said the Kapur family had agreed to reclassify its shareholding as "non-promoter" as per an intimation on May 30. Bigg Boss 14 October 24 episode LIVE UPDATES: Kavita Kaushik and Naina Singh to enter the house today? Times Internet Limited. Mumbai, Jun 9 () Private lender Yes Bank on Tuesday said that Madhu Kapur, wife of the bank's late co-founder Ashok Kapur, and her family have withdrawn a case filed against it in 2013. Synopsis Yes Bank on Tuesday said that Madhu Kapur, wife of the bank's late co-founder Ashok Kapur, and her family have withdrawn a case filed against it in 2013. (This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.). The share sale was done through a block deal on the NSE data on the stock exchange showed. In a regulatory filing on Tuesday, the bank said the Kapur family had agreed to reclassify its shareholding as “non-promoter” as per an intimation on May 30. Private lender Yes Bank on Tuesday said that Madhu Kapur, wife of the bank’s late co-founder Ashok Kapur, and her family have withdrawn a case filed against it in 2013. Copyright © 2020. For all the latest Business News, download Indian Express App. The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines. Kapoor was arrested by law enforcement agencies after the bailout. The Kapur family now owns about 1.50 per cent in the bank and are classified as public shareholders. The case was filed by Kapur when the family was locked in a pitched battle with the bank, then headed by Rana Kapoor who was subsequently dismissed by RBI in 2018. The case was filed by Kapur when the family was locked in a pitched battle with the bank, then headed by Rana Kapoor who was subsequently dismissed by RBI in 2018. After Ashok Kapur, the founding chairman of the bank, died in the November 2008 Mumbai terror attack, the relations between his family and Rana Kapoor, who are related, soured. The Kapur family now owns about 1.50 per cent in the bank and are classified as public shareholders. The suit was withdrawn following reclassification of the family’s holding and the Bombay High Court allowed the withdrawal, the bank said. Copyright © 2020 The Indian Express [P] Ltd. 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Yes Bank had to be bailed out earlier this year by a consortium of lenders led by SBI as part of a process driven by the Government and the RBI. The case was filed by Kapur when the family was locked in a pitched battle with the bank, then headed by Rana Kapoor who was subsequently dismissed by RBI in 2018. 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The sale makes about 14% of Kapur's stake. Private lender Yes Bank on Tuesday said that Madhu Kapur, wife of the bank’s late co-founder Ashok Kapur, and her family have withdrawn a case filed against it in 2013. Madhu Kapoor, Actress: Baadal. Madhu Kapoor is an actress, known for Baadal (1985), Siskiyan (1983) and Commander (1981). Madhu Kapur in her suit had sought various reliefs including recognition of the family’s right to participate in the management of the bank. Here's why, LIVE | IPL 2020: Kings XI Punjab vs Sunrisers Hyderabad, Watch: Nitish Rana dedicates half-century to late father-in-law, Lockdowns don’t work. The suit also sought to restrain individual directors from acting as such or holding themselves out as directors of the bank, and restrain the bank from making or continuing with any application to any regulator/authorities for reclassifying the Kapur familys shareholding into a non-promoter shareholding. 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Mumbai, Jun 9 () Private lender Yes Bank on Tuesday said that Madhu Kapur, wife of the bank's late co-founder Ashok Kapur, and her family have withdrawn a … as of 3/6/18 Newcomer Madhu Kapur gets her fortune from a 9.3% stake in Bombay Stock Exchange-listed Yes Bank. The Rs 15,000-crore bailout was necessitated due to Rana Kapoor’s alleged mishandling of affairs while at the helm. 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Prior to the sale Kapur held 17.6 crore shares the the bank. iPhone 12 vs iPhone 12 Pro: What is different and which one to buy? After Ashok Kapur, the founding chairman of the bank, died in the November 2008 Mumbai terror attack, the relations between his family and Rana Kapoor, who are related, soured. The case was filed by Kapur when the family was locked in a pitched battle with the bank, then headed by Rana Kapoor who was subsequently dismissed by RBI in 2018. On 19 October, Mint reported that Rana Kapoor approached Madhu Kapur with a proposal to combine their stakes and form a joint promoter group. Madhu Kapur wife of late Yes Bank NSE 0.38 % co founder Ashok Kapur has sold about 2.5 crore shares of the bank at Rs 65 a piece netting her Rs 161 crore.

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