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Yes Bank Increases Equity Base with New Share Allotment

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Yes Bank Increases Equity Base with New Share Allotment

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Yes Bank Limited ( (IN:YESBANK) ) has issued an announcement.

Yes Bank Limited has announced the allotment of 1,287,566 equity shares following the exercise of stock options under its YBL ESOS 2020 Scheme and YBL RSU Plan 2024. This move has increased the bank’s paid-up share capital, reflecting a strategic effort to enhance its equity base and potentially strengthen its market position. The exercise of these stock options has resulted in a capital realization of over Rs. 1.37 crore, indicating a positive financial impact for the bank and its stakeholders.

More about Yes Bank Limited

Yes Bank Limited is a prominent player in the banking industry, offering a range of financial services including corporate and retail banking, asset management, and investment banking. The bank is known for its focus on digital banking solutions and has a significant presence in the Indian financial market.

Average Trading Volume: 12,300,688

Technical Sentiment Signal: Buy

Current Market Cap: 697.7B INR

For a thorough assessment of YESBANK stock, go to TipRanks’ Stock Analysis page.

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