Of Rs 8 per share
Yes Bank has announced that the Board of Directors of the Bank at its meeting held on 23 April 2014, inter alia, have recommended the payment of final dividend @ Rs 8 per equity share i.e. 80% on equity shares of the Bank and the same will be payable after it is approved by the shareholders at the ensuing Annual General Meeting.The Board also empowered the Capital Raising Committee, a sub Committee of the Board, to raise funds by way of issuance of equity capital up to US$ 500 million in one or more tranches on such terms and conditions as it may deem fit. The issuance may be by way of Qualified Institutions Placement (QIP) or any other international offering like Global Depository Receipts (GDRs)/American Depository Receipts (ADRs), or by any other appropriate mode as decided by the Capital Raising Committee.
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