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Yes Bank Limited ( (IN:YESBANK) ) has issued an announcement.
Yes Bank Limited has allotted 528,275 equity shares with a face value of Rs. 2 each following the exercise of employee stock options under its YBL ESOS 2020 Scheme and YBL RSU Plan 2024, resulting in proceeds of Rs. 67,39,397.50 to the bank. This allotment marginally increases the bank’s paid-up share capital from Rs. 62,756,886,280 to Rs. 62,757,942,830, slightly diluting existing shareholdings but reinforcing the bank’s commitment to employee ownership and long-term incentive structures within its capital management framework.
More about Yes Bank Limited
Yes Bank Limited is a private sector bank in India that offers a range of retail and corporate banking services, with a focus on deposits, loans, and other financial products for individuals, businesses, and institutions. The bank is listed on both BSE and the National Stock Exchange of India, reflecting its role as a significant player in the Indian banking and financial services industry.
Average Trading Volume: 10,686,912
Technical Sentiment Signal: Buy
Current Market Cap: 699.4B INR
For detailed information about YESBANK stock, go to TipRanks’ Stock Analysis page.