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Yes Bank shines on planning to raise funds through permissible modes

Yes Bank is currently trading at Rs. 66.55, up by 3.15 points or 4.97% from its previous closing of Rs. 63.40 on the BSE.

The scrip opened at Rs. 68.30 and has touched a high and low of Rs. 68.85 and Rs. 66.35 respectively. So far 2864195 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 285.90 on 03-Apr-2019 and a 52 week low of Rs. 29.05 on 01-Oct-2019.

Last one week high and low of the scrip stood at Rs. 68.85 and Rs. 62.35 respectively. The current market cap of the company is Rs. 16169.99 crore.

The promoters holding in the company stood at 13.05%, while Institutions and Non-Institutions held 45.80% and 41.14% respectively.

Yes Bank is planning to raise funds by issue of equity / equity linked securities through permissible modes, subject to necessary shareholders / regulatory approvals. The Board of Directors of the Bank at its meeting to be held on November 29, 2019 to consider the same.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

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