Yes Bank to consider fundraise plans on June 29

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.