Yes Bank to consider fundraise plans on June 29

ET BureauLast Updated: Jun 24, 2026, 05:55:00 AM IST

Synopsis

Yes Bank's board is set to convene on June 29 to deliberate on significant fundraising initiatives. The bank plans to explore options for raising capital through equity and debt issuances, including private placements and preferential allotments. Shareholders may be asked to approve these measures, as the bank assesses its future capital needs. This strategic move aims to bolster the bank's financial standing.

MUMBAI: Yes Bank said its board will meet on June 29 to consider proposals for raising funds via equity and debt issuances. The board will evaluate resolutions for raising capital via private placements, preferential allotments and other permissible routes, along with fundraising through debt securities and convertible or non-convertible instruments.

It may also seek shareholder approval. Yes said it may assess future capital requirements and seek shareholder nod via special resolutions to be included in the notice for AGM.

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