Indiabulls Housing Finance soars as writ petition withdrawn
The news of the withdrawal of the petition sent the Indiabulls Housing Finance scrips soaring up to 9 per cent after the shares tanked by 8 per cent on Tuesday. In a big relief to Indiabulls Housing Finance, the petitioner who had approached the Supreme Court alleging misappropriation of funds, withdrew the plea on Thursday..
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Shares of Indiabulls Housing soared more than 9 percent intraday on June 13 after a writ petition alleging financial misdeeds against the mortgage lender was withdrawn. A criminal writ petition.
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· Shares of Indiabulls Housing Finance surged 8% after falling 5% intraday. The company said that the writ petition filed in the Supreme Court against company and Sameer Gehlaut has been withdrawn.
Mumbai (Maharashtra) [India], june 13 (ani): Indiabulls Housing Finance said on Thursday the petitioner, who had filed a plea in Supreme Court alleging misappropriation of Rs 98,000 crore by the.
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The news of the withdrawal of the petition sent the Indiabulls Housing Finance scrips soaring up to 9 per cent after the shares tanked by 8 per cent on Tuesday. In a big relief to Indiabulls.
The writ petition filed in the Supreme Court (SC) against Indiabulls Housing Finance and its group chairman Sameer Gehlaut by shareholder Abhay Yadav has been withdrawn, the company said on Thursday..
Indiabulls Housing Finance soars after writ petition withdrawn Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.
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· Indiabulls Housing soars 11% as Abhay Yadav withdraws petition economic times; indiabulls housing finance soars as writ petition withdrawn CNBCTV18; Indiabulls Housing soars 9% on withdrawal of criminal petition against company Moneycontrol.com; Indiabulls Housing , writ petition withdrawn Livemint
Indiabulls Housing Finance on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares over 10 per cent higher. A criminal writ petition filed on Monday in Supreme Court, alleging that about Rs 98,000 crore ($14 billion) had been siphoned out of the company by senior officials.
BENGALURU, June 13 (Reuters) – Indiabulls Housing Finance Ltd INBF.NS on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher. A criminal writ petition filed on Monday in India’s Supreme Court, alleging that about 980 billion rupees ($14 billion) had been siphoned out of the company by senior officials using a.