Yes Bank to raise funds through QIP

Yes Bank Ltd has announced that a meeting of the Capital Raising Committee of the Board of Directors of the Bank will be held on February 05, 2008, to consider raising of funds by way of issuance of up to two crore equity shares in one or more tranches by way of QIP and / or Preferential Allotment in accordance with the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.

Source : Equity Bulls

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