 "YES Bank sees several exits from board ahead of annual general meeting")
YES Bank has acquired a 9.47 per cent stake in Eveready Industries India, part of the B M Khaitan group, by invoking pledged shares.
The shares were acquired on invocation of pledge subsequent to default/breach of terms of credit facilities sanctioned by YES Bank to McLeod Russel India, which is a B M Khaitan group company, the private lender said in an intimation to the stock exchanges on Thursday.
The bank said it had acquired 6,880,149 shares having a nominal value of Rs 5 per share constituting 9.47 per cent of the post-issue paid-up share capital. However, sources indicated the lender would
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