YES BK to raise funds by issuing 20mn equity shares by QIP
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: calls, daytrading, free calls, intraday, tips
Similar Posts:
Latest Query
- by Sam
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
