Madhu Kapur News
Yes Bank halts 4-session rally, stock tumbles over 29%; lender says single largest promoter Madhu Kapur pledged additional 25 lakh share
In the last four trading days, Yes Bank's scrip had risen a whopping 142 percent after Moody's upgraded the company's ratings and on announcement of a restructuring plan.
Yes Bank promoters Rana Kapoor and Madhu Kapur agree to nominate one director each on board as part of truce
Yes Bank said recently select senior board of directors of the bank had interacted with Kapur and her family.
Yes Bank said its board on 13 December will recommend names for a new chairman to be approved by the RBI as well as consider the appointment of independent directors.
Sensex rises nearly 200 points on positive global cues; Nifty up; falling crude prices catapult bullish sentiments
Sensex was trading 177.17 points or 0.50 percent, higher at 35,690.31
Yes Bank promoter Rana Kapoor family repays Rs 400 cr to Reliance and Franklin Templeton mutual funds
Entities linked to one of the promoters of Yes Bank have paid Rs 400 crore to two mutual funds from whom they had raised funds by pledging shares
Chandrashekar was of the view that the bank should have been focussing on the transition and making sure that there was an orderly transition
R Chandrashekhar quit Yes Bank board as lender was not focused on finding successor of CEO Rana Kapoor
When contacted, Chandrashekhar confirmed in the affirmative on the reason behind his departure from Yes Bank and refused to divulge anything further.
Rana Kapoor and Madhu Kapur have an acrimonious past and have also battled in the Bombay High Court.+++
Yes Bank expected to overhaul board after nod from promoters; independent director R Chandrashekhar may resign
Yes Bank currently has seven board members -- Rana Kapoor, Lt General Mukesh Sabharwal, Brahm Dutt, Subhash Kalia, Ajai Kumar, Pratima Sheorey and Rentala Chandrashekhar
Yes Bank promoter families look to settle differences; likely to have meeting with representatives today, say sources
The tussle is between the families of Yes Bank founders -- Rana Kapoor and Ashok Kapur.
The RBI recently asked Rana Kapoor to quit the post by January next year.
Three resolutions pertaining to the appointment of Diwan Arun Nanda, Ravish Chopra and MR Srinivasan, whose appointments were earlier approved by the YES Bank board, were put to poll at the AGM on shareholder demands.