Received a message through whatsapp. If true, looks like some bad time ahead.
Arun Jha has sold 40000 shares on 24.9.18
Ms Madhu Kapur has sold 3.50 lakh shares on 21.9.18
Mags Finvest has sold 5 lakh shares on 21.9.18.
If some investor friends can get some information on bulk deals, will be of good help. Intention is to alert friends of possible problems in the books of the Bank. Not to create any kind of panic.
What I can confirm is one of the PMS scheme has exited fully from Yes Bank during last 10 days.
Wish that my assessment is wrong, but feel everything is not alright with the Bank. Or else the Board would not have asked RBI to consider its request for extension of RK till Sep 19
Disc: Invested, added a small lot on 21.9.18. With the kind of clarification by the Bank to NSE, will wait for some time for a clear picture to emerge