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YES BANK STOCK BUY HOLD OR SELL ? यस बैंक share latest news YES BANK EGM

YES BANK STOCK BUY HOLD OR SELL ? यस बैंक share latest news YES BANK EGM


yes bank news

  

 


YES BANK STOCK BUY HOLD OR SELL ? यस बैंक share latest news YES BANK EGM


 


  • The cash-starved investor can raise the number through supplying of equity shares or alternative convertible securities
  • Yes Bank additionally received shareholders' approval to extend authorised share capital of the bank to ₹1,100 Cr from ₹800 cr

 


The bank approved raising the licensed capital of the personal sector investor to Rs 1,100 crore at a rare general meeting control in Mumbai on weekday, the bank aforesaid in a very customary filing with local exchanges.

 The meeting additionally passed a special resolution to permit capital raising through the issue of equity shares or different convertible securities of Rs 10,000 crore.

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The move came as the Mumbai-based bank was seeking to boost funds to extend its growth capital. This quantity will be the core capital of yes Bank, which is already higher than the limit set by the regulator.
https://mmb.moneycontrol.com/forum-topics/stocks/yes-bank-246084.html

Yes Bank gets shareholders' nod Get  up to ₹10,000 crore




Yes Bank received shareholders' approval to extend authorised share capital of the bank to ₹1,100 large integer from ₹800 crore.



At the Extraordinary General Meeting, the cash-starved non-public loaner additionally received shareholders' nod to boost up to ₹10,000 large integer via issue of equity shares or alternative convertible securities.



Earlier on, affirmative Bank appointed Anshu Jain-headed world investment bank Cantor Fitzgerald and 2 domestic entities for its fundraising plans to boost $2 billion.



Other businessperson bankers appointed by the capital-starved loaner embrace IDFC Securities and range Capital.



In January, affirmative Bank had rejected Erwin Singh Braich's $1.2 billion investment provide. On Friday, the affirmative Bank stock on NSE closed zero.39% at ₹38.7.






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