Quotes with Resistance & Support
Market Information

YES BK to raise funds by issuing 20mn equity shares by QIP

This article was posted on Feb 6, 2008 and is filed under Press Releases

YES BANK, India’s new age private sector Bank, today announced that the meeting of the Capital Raising Committee of the Board of Directors of the Bank held on Tuesday, February 5, 2008 at Mumbai, has approved a proposal to raise funds by way of issuance of up to 20 million equity shares in one or more tranches on such terms and conditions as it may deem fit. The issuance will be by way of Qualified Institutional Placement in accordance with Chapter XIII-A (Guidelines for Qualified Institutional Placement) of the SEBI (Disclosure and Investor Protection) Guidelines, 2000.

An Extra Ordinary General Meeting of the members of the Bank will be held on Monday, March 10, 2008 to consider the above proposal.

Sourced From: Adfactors Public Relations Pvt Ltd

Tags: , , , ,

Similar Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Some positive news for ranbaxy.what will be its target in this week.can i go long in march future...view more »
- by Rajesh
Status: Awaiting reply

Market Stats

  • Sensex
    17164.99
    +0.00
    [0.00%]
  • Nifty
    5128.90
    -8.10
    [-0.16%]
  • Dow Jones
    10642.15
    +17.46
    [+0.16%]
  • Nasdaq
    2362.21
    -5.45
    [-0.23%]
  • Dow Futures
    10638.00
    +0.00
    [0.00%]
  • Nikkei 225
    10733.27
    -18.71
    [-0.17%]
  • Hang Seng
    21079.10
    +0.00
    [0.00%]
  • Straits Times
    2874.33
    +0.00
    [0.00%]
  • Shanghai
    2976.94
    +0.00
    [0.00%]
  • FTSE 100
    5593.85
    -31.80
    [-0.57%]
  • CAC 40
    3890.91
    -36.49
    [-0.93%]

Search Our Archives

Latest Investment Idea

Recent Comments