New Delhi, Dec 11 (PTI) Yes Bank on Friday said it has sold 15 lakh equity shares, equivalent to 2.56 per cent stake in Sical Logistics.
Yes Bank has sold 15,00,000 equity shares having a nominal value of Rs 10 each, constituting 2.56 per cent of the paid-up share capital of Sical Logistics limited (Sical) in various tranches, Yes Bank said in a regulatory filing.
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The last tranche of the sale being on December 10, 2020, resulting in a change in holding of the bank by more than 2 per cent of the total shareholding of Sical, it added.
Sical was acquired by Coffee Day group in 2011.
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The company is engaged in stevedoring, customs handling, trucking and steamer agency businesses, mining, port logistics, road and rail transport, container freight station, warehousing and shipping.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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