Скачать или смотреть IndusInd Bank acquires stakes in everyday and McLeod Russel India | Hindi Version |

The IndusInd bank has acquired more than 7 percent stake in both Eveready Industries India and McLeod Russel India by invoking pledged shares.

The bank pledged more than 56.83 lakh equity shares of Eveready Industries to pick up a 7.82 percent stake in the battery maker.

The equity shares of Eveready Industries India Ltd. held by Williamson Magor and Co Ltd were taken a pledge with the bank to secure the outstanding dues of Seajuli Developers & Finance Limited(Seajuli), the borrower company. The bank has invoked the pledge on shares described above for the recovery of its dues from Seajuli.

Will this action by IndusInd Bank will boost shares of Mcleod Russel and Eveready Industries? Post your comments in the section below and stay tuned with BIZVD for more updates.

---------------------------------------------------------------------------------------------------------
BizVd is one of the best and fastest growing India's Business portal that brings all the business news at your fingertips.BizVD delivers complete and uninterrupted access to the latest stock market, financial market, commodity, business, and economy. Receive alerts on global stock positions, track your portfolio, personalize news, and notifications to fit your preferences.
---------------------------------------------------------------------------------------------------------
Follow Our Social Media Links:
Twitter-   / bizvd_news  
Facebook-   / bizvd  
Instagram-   / bizvd  
Pinterest-   / bizvd_  
LinkedIn-   / bizvd  
Tumblr-   / bizvdme  
---------------------------------------------------------------------------------------------------------
#BizVd #BusinessNews #Indusindbank