Mumbai, June 4 -- The capital raise will be split into Rs 7,500 crore via equity and Rs 8,500 crore through debt instruments. Both components will be issued in tranches and across domestic and international markets. The equity issuance will not exceed 10% dilution, factoring in any convertible debt as well.
To support the definitive agreement signed with Sumitomo Mitsui Banking Corporation (SMBC) on 9 May 2025, the board also cleared amendments to the Articles of Association.
On 9 May 2025, SMBC signed a definitive agreement to buy a 20% stake in Yes Bank via secondary market transactions: 13.19% from SBI and 6.81% from a consortium of investor banks that includes Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First ...
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