Yes Bank to consider fund raise plans

Yes Bank board of directors will be held on June 29, 2026, to consider and approve raising of funds by way of issuance of eligible equity securities through permissible modes.

Borrowings / raising of funds by way of issuance of eligible debt securities and/or any other eligible securities (convertible/non-convertible) through permissible modes, including but not limited to a private placement, preferential issue or any other method or combination of methods.

The bank may evaluate the potential fundraising, as necessary in the future, and in order to have the requisite enabling shareholders' resolution(s) in place in terms of applicable provisions of the Companies Act, 2013, it said.

At 9.52 am, Yes Bank was trading at Rs. 24.75, up by 0.86%, with a volume of 19.33 lakh shares on the BSE.