Stock market update: Yes Bank, Lakshmi Vilas Bank, Tata Motors likely to be in focus today1 min read . Updated: 27 Sep 2019, 08:42 AM IST
- Economic Offences Wing of Delhi police on Thursday registered an FIR against directors of the Lakshmi Vilas Bank
- Yes Bank Ltd’s co-founder Rana Kapoor’s family business Yes Capital sold a 1.82% promoter group stake
Yes Bank: Yes Bank Ltd’s co-founder Rana Kapoor’s family business Yes Capital (India) Pvt. Ltd on Thursday sold a 1.82% promoter group stake for ₹241.52 crore, according to an exchange filing on Thursday. The identity of the buyer is not known.
ICICI Lombard: Canadian billionaire Prem Watsa’s Fairfax on Thursday sold ICICI Lombard General Insurance Co. Ltd shares worth Rs2,561.5 crore, selling close to half of its stake in the company. According to data from stock exchanges, FAL Corporation, a subsidiary of Fairfax, sold 22.67 million shares on Thursday at a price of ₹1,129.68 per share.
Lakshmi Vilas Bank: The Economic Offences Wing (EOW) of Delhi police on Thursday registered an FIR against directors of the Lakshmi Vilas Bank (LVB) for alleged cheating, criminal breach of trust, criminal misappropriation and criminal conspiracy. The FIR is based on a complaint filed by Religare Finvest Limited (RFL).
Ruchira Paper: The shareholders of the company has declared dividend of ₹2.25 per share (as recommended by the Board of Directors) for the F.Y 2018-19. Payment of such dividend will be made on or after 04 October 2019, the company said.
Tata Motors: Britain’s biggest carmaker, Jaguar Land Rover, will halt production at its British factories for a week in November, its boss said on Thursday, joining BMW and Toyota in plans to help mitigate any immediate disruption from a no-deal Brexit.
Goodyear India: The company will close manufacturing operations Of Ballabgarh plant in Haryana from 27 September 27 to 2 October.
Unitech: The company got showcause notice from Noida Authority.