Yes Bank on Tuesday informed the exchanges that Rana Kapoor and promoter entities Yes Capital and Morgan Credits have sold their remaining 0.8 per cent stakes in the company.According to a stock exchange filing, the promoters sold 2.04 crore shares in the open market during November 13-14.
The promoter entities now hold 900 shares in Yes Bank.Yes Bank closed on Tuesday 2.66 per cent lower, at Rs 64.15 a share, on the BSE.Shares of the fourth largest private lender have, however, advanced significantly ever since ace investor Rakesh Jhunjhunwala bought 1.30 crore shares, or 0.51 per cent stake in Yes Bank on November 4.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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