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Yes Bank provides update on QIP issue

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Capital Market
Last Updated : Mar 30 2017 | 12:04 AM IST

Closes issue on 29 March 2017; QIP issue price fixed at Rs 1500 per share

Yes Bank announced that the Capital Raising Committee of the Board of Directors at its meeting held on 29 March 2017 has passed the following resolutions -

Declaring closure of QIP on 29 March 2017;

Approving issue price of Rs 1500 per equity share for issuance of 3,27,11,000 equity shares to QIBs;

Approved placement document dated 29 March 2017 in connection with the QIP.

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First Published: Mar 29 2017 | 9:27 PM IST

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