Edelweiss Financial slides 10% after report says CEO summoned in forex scam

Edelweiss Financial Services

10/01/2020 09:36

** Shares of investment and financial services company
 EDEL.NS  slides 10%, hitting their lower circuit 
    ** ET Now reports that India's enforcement directorate
summons Edelweiss CEO Rashesh Shah in connection to a forex scam
 urn:newsml:reuters.com:*:nFWN29E12G
    ** Edelweiss Financial did not immediately respond to a
request for comment on the report
    ** Shares see biggest intra-day percentage loss since Oct 3,
2019
    ** Stock fell 40.7% in 2019
    
        

 (Reporting by Philip George in Bengaluru)
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