WestBridge to buy 1.74% SKS stake, to emerge second largest holderWestBridge Ventures, which currently holds 4.32% stake in India’s only listed micro lender SKS Microfinance, has agreed to buy another 1.74...
13 Nov, 2013, 07.53 AM IST
SKS Promoter entity plans to move Company Law Board against SKS MicrofinanceThe trust, led by Bikshamaiah Gujja, a well-known social scientist, is disappointed with the SKS Microfinance board for denying a board sea...
25 Oct, 2013, 04.00 AM IST
Tata Capital moves HC against SKS Ispat’s demerger plan to recover dues of about Rs 50 croreTata Capital, a financial arm of Tata Group has filed a notice against SKS Ispat & Power in a bid to recover dues of about Rs 50 crore.
15 Oct, 2013, 05.35 AM IST
SKS Trusts may contest rejection of berth on Microfinance board by approaching CLBSKS Trusts, which was denied a berth on SKS Microfinance Limited Board, said it will look at approaching the Company Law Board.
18 Sep, 2013, 02.52 PM IST
SKS shares surge 13% on getting 'A' rating for bank facilitiesThe announcement was made after market hours yesterday. SKS Microfinance scrip zoomed 12.6 per cent to Rs 139.35 on the BSE.
18 Sep, 2013, 12.40 PM IST
SKS Microfinance says its shareholders have no right to nominate directorsSKS Microfinance today said none of its shareholders have any right to nominate a director on the company board.
10 Sep, 2013, 08.27 PM IST
SKS Trust Advisors raises stake to 8.8% in SKS MicrofinanceSKS Trust the original promoter of SKS Microfinance has raised its shareholding in the Hyderabad based firm as well as asked for a seat on ...
18 Jul, 2013, 08.26 AM IST
- SKS concludes securitisation of two loans worth Rs 390 crore
SKS Microfinance today said it has concluded securitisation of two loans given to small borrowers aggregating to Rs 390 crore.
11 Feb, 2013, 06.35 PM IST
- SKS Ispat director Sudhir Sahai had attended coal screening panel meet
Till now, the tourism minister has assiduously maintained that his family member were not the promoters of SKS Ispat and Power.
30 Aug, 2012, 07.17 AM IST
Hostile Andhra Pradesh forces SKS microfinance to shift base to MumbaiPut off by stifling rules & a hostile business environment, SKS Microfinance will move its headquarters from Hyderabad to Mumbai.
10 May, 2012, 03.51 AM IST
- Vikram Akula alloted SKS shares under stock option
Akula, the poster boy of the microfinance industry and founder of the country's only listed micro finance institution stepped down from SKS...
04 May, 2012, 10.02 PM IST
- SKS to raise Rs 200 cr through securitisation
The country's only listed microfinance entity SKS Microfinance today said it plans to raise around Rs 200 crore through securitisation from...
15 Mar, 2012, 01.19 PM IST
- After Suresh Gurumani termination, SKS Microfinance wants Vikram Akula to step down from executive chairman post
Vikram Akula, the one-time poster boy of microfinance is under threat of losing control over the company he launched in 1998. Some SKS boar...
16 Aug, 2011, 04.33 AM IST
- SKS Microfinance: Promoters got the better of poor women borrowers
There are issues on how its five SKS MBTs were managed.
31 Jan, 2011, 03.35 PM IST
- SKS shares continue to bleed, close just above IPO issue price
Shares of SKS Microfinance continued on their downward slide for a second session on Tuesday, shedding 1.57 per cent to close just above th...
26 Oct, 2010, 08.34 PM IST
- SKS Microfinance: Sacked CEO Gurumani wants to attend board meeting
Gurumani has sought minutes of all board meetings since Sept 1 along with copies of communication between SKS & market regulator SEBI.
19 Oct, 2010, 07.43 AM IST
- Gurumani fired due to interpersonal issues: SKS chief Akula
SKS chief Vikram Akula said that CEO termination was not due to financial irregularities. He said that SKS will work closely with SEBI, RBI...
12 Oct, 2010, 04.15 PM IST