YES Bank Ltd board approves fund raising through FPO

The Capital Raising Committee of the Board of Directors of YES Bank ("CRC"), at its meeting held earlier today i.e., July 7, 2020, has approved raising funds by way of a further public offering ("Offer").

A meeting of the CRC of the Bank is scheduled to be held on or after July 10, 2020, to consider and approve, amongst other things, the Price Band and discount, if any.

Shares of YES BANK LTD. was last trading in BSE at Rs.25.75 as compared to the previous close of Rs. 26.05. The total number of shares traded during the day was 1034435 in over 3520 trades.

The stock hit an intraday high of Rs. 26.3 and intraday low of 25.5. The net turnover during the day was Rs. 26628855.

Source : Equity Bulls

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