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BAJFINANCE - Bajaj Finance News Story

₹3345.2 83.1  2.6%

Last Trade - 11:29am

Sector
Financials
Size
Large Cap
Market Cap £19.98bn
Enterprise Value £30.89bn
Revenue £2.78bn
Position in Universe 12th / 3002

BRIEF-Bajaj Finance Says Current Exposure To Karvy Is 3.12 Bln Rupees As At Dec 2

Tue 3rd December, 2019 2:21pm
Dec 3 (Reuters) - Bajaj Finance Ltd  BJFN.NS :
    * CURRENT EXPOSURE TO KARVY STOCKBROKING LIMITED (KSBL) AS
AT 2
DECEMBER 2019 IS ABOUT 3.12 BILLION RUPEES
    * FILED APPEAL BEFORE SECURITIES APPELLATE TRIBUNAL AGAINST
ACTION
TAKEN BY NSDL FOR RELEASE OF VALID PLEDGE CREATED BY KARVY
    * TRIBUNAL DIRECTED THAT ANY TRANSFER OF REMAINING
SECURITIES FROM
DP ACCOUNT OF KSBL SHALL REMAIN SUSPENDED
    * SAT DIRECTED SEBI TO GRANT PERSONAL HEARING TO CO ON BASIS
OF
REPRESENTATION MADE EARLIER
    * ISSUE DOES NOT IMPACT REST OF CO'S LOAN AGAINST SECURITIES
BUSINESS

Source text for Eikon:  ID:nBSE4RYTvP 
Further company coverage:  BJFN.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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