Yes Bank says large stakeholder invoking pledge behind Tuesday's slump in shares
NEW DELHI, Oct. 2 -- Shares of Yes Bank slumped 23% on Tuesday on account of forced sale of 10 crore equity shares, representing 3.92% of the bank's equity share capital. In a filing to the exchanges on Wednesday, the bank said a large stakeholder invoked shares pledged with it, following which the entire pledge stood extinguished....
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