Yes Bank has acquired 14,02,991 equity shares having face value of Rs 10 per share by way of invocation of pledge, constituting 7.21% of the issue paid-up share capital, of Asian Hotels (North). Shares acquired on invocation of pledge subsequent to default/breach of terms of loans to the borrower and accordingly proceeds from sale of shares will be utihzed to reduce the loan secured by such shares. The proceeds from the sale of shares will be utilized to reduce the loan secured by such shares.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
