State-owned Andrew Yule and Company, had withdrawn an offer-for-sale for lubricant-maker Veedol Corporation on May 23 citing "some technical glitch". Andrew Yule actually withdrew offer after learning that its demat account had been suspended over compliance-related issues, Moneycontrol reported. "This is a rare incident...Generally, all due diligence is done before OFS," a source said.
short by
Ashley Paul /
05:27 pm on
03 Jun