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Yes Bank Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Bank held on March 10, 2008, have unanimously approved the proposal to issue and allot upto 2,00,00,000 (Two Crore) Equity shares of Rs 10/- each of the Bank to Qualified Institutional Buyers through Qualified Institutional Placement. The members have also authorised the Board of Directors (including a Committee thereof) to take all steps incidental or ancillary in this connection.

Tags: Yes Bank

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