(Changes headline to correct QIP amount to 29.42 bln not 2.94
June 5 June 5 Yes Bank Ltd
* Says approved QIP issue of 53.5 million shares at 550 rupees
per equity share
* Source text:
Yes Bank Ltd has informed BSE that in respect of the QIP, the
Capital Raising Committee of the Bank has, at its meeting held
on June 05, 2014, approved the issue and allotment of 53,492,272
Equity Shares to eligible qualified institutional buyers at the
issue price of Rs. 550.00 per Equity Share, which is at a
discount of Rs. 0.04 per Equity Share on the Floor Price of Rs.
550.04 per Equity Share, aggregating to approximately Rs.
29,420.75 million under the SEBI Regulations and Section 42 of
the Companies Act, 2013 (including the rules made thereunder).
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