Sebi removes Rana Kapoor as Yes Bank promoter2 min read . Updated: 10 Jun 2020, 10:37 PM IST
- The markets regulator reclassifies Rana Kapoor as an ordinary public shareholder
- Move comes after bank’s management requested Kapoor’s removal ahead of the FPO
The Securities and Exchange Board of India (Sebi), has removed Yes Bank founder Rana Kapoor as the promoter of the company and reclassified him as an ordinary public shareholder.
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