Don’t miss the latest developments in business and finance.

Board of Yes Bank approves sub-division of shares

Image
Capital Market
Last Updated : Jul 26 2017 | 3:47 PM IST

At meeting held on 26 July 2017

Yes Bank announced that the Board of Directors meeting held on 26 July 2017 have approved the following -

1. Sub-division of existing 1 (one) Equity Share of face value of Rs. 10/- each fully paid up into 5 (five) Equity Shares of Rs. 2/- each fully paid up, subject to approval of Reserve Bank of India and Shareholders or any other applicable statutory and regulatory approvals.

2. Consequential alteration to the Capital Clause of Memorandum of Association.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jul 26 2017 | 3:29 PM IST

Next Story