Dues recovery: lnduslnd Bank acquires 4.79% in McLeod Russel by invoking pledged shares

In a stock exchange filing, the bank said pursuant to invocation of pledge of shares, it acquired 50,00,000 equity shares of McLeod Russel, forming 4.79% of paid-up equity share capital of the company, a part of the financially-stressed Williamson Magor group.

from Banking & Finance – The Financial Express https://ift.tt/2XJWb9A