Hat Tip: R Joseph
On 14th Nov, 2018 at 13:02 pm, Hubtown Ltd announced to the Exchanges that it had acquired 51% of a company called eCommerce Magnum Solution Ltd for a consideration of 48.19 Crores
Interestingly, this Company has Zero Revenues.
A mere two hours later, on 14 Nov, 2018 at 15:13 pm, Hubtown Ltd announced to the Exchanges that it had sold all the shares so acquired for 25 Crores , thus incurring a loss of around 23 Crores in ten days.
Source: Exchange Filings of Vadilal Industries Ltd
On 29 Nov, 2018
On 24 Dec, 2018
Resignation is unusual for its very short notice period.
Source: Exchange Filings of Sharda Cropchem Ltd
Probably the first time, a Bank has taken its regulator to Court.
Source: Exchange Filings of Kotak Mahindra Bank
Hat Tip: M Rao
Source: Exchange Filings of Yes Bank
Yes Bank has released to the Stock Exchanges the email sent by its legal counsel to the Editorial staff of newspaper Business Standard.
It’s probably the first time in history that a Bank has publicly accused its rivals of sabotage and malafide intent
