Yes BankYES Bank, on April 21, allotted 1.28 billion fully paid-up equity shares of face value of Rs 2 each to CA Basque, the bank said in an exchange filing.
The allocation was pursuant to 1.28 billion share warrants allotted to CA Basque on December 13, 2022, for Rs 14.82 per share warrant, the filing said.
Story continues below Advertisement Remove Ad“The equity shares are being allotted to CA Basque pursuant to exercise by it of the Warrants held by it, and the equity shares shall rank pari passu in all respects with the existing equity shares of the Bank of face value Rs.
Following the allotment, the total issued paid-up capital has increased from Rs 5,753 crore to Rs 6,009 crore, it added.
Shares of the bank closed at Rs 23.94, recording a marginal surge of 0.21 percent on the BSE on April 19.
Yes Bank
YES Bank, on April 21, allotted 1.28 billion fully paid-up equity shares of face value of Rs 2 each to CA Basque, the bank said in an exchange filing.
The allocation was pursuant to 1.28 billion share warrants allotted to CA Basque on December 13, 2022, for Rs 14.82 per share warrant, the filing said. The shares were allotted through a preferential allotment route.
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“The equity shares are being allotted to CA Basque pursuant to exercise by it of the Warrants held by it, and the equity shares shall rank pari passu in all respects with the existing equity shares of the Bank of face value Rs. 2/ each, including dividend, if any,” the statement said.
Following the allotment, the total issued paid-up capital has increased from Rs 5,753 crore to Rs 6,009 crore, it added.
Shares of the bank closed at Rs 23.94, recording a marginal surge of 0.21 percent on the BSE on April 19.
