Yes Bank sells over 17 lakh shares of Reliance Capital for Rs 2.8 crore, reveals bulk deal data on NSE
FirstpostPrivate sector lender Yes Bank has offloaded over 17 lakh shares of Reliance Capital for Rs 2.8 crore, its third consecutive sell-off in the financial services firm New Delhi: Private sector lender Yes Bank has offloaded over 17 lakh shares of Reliance Capital for Rs 2.8 crore, its third consecutive sell-off in the financial services firm. Of the total shares sold by Yes Bank, 13.2 lakh scrips were sold on Friday and 16.7 lakh shares were sold on Monday. As per the bulk deal data on the National Stock Exchange for Tuesday, the private sector lender sold a total of 17,22,587 shares at an average price of Rs 16.51 apiece, valuing the transaction at Rs 2.84 crore. Yes Bank, in a regulatory filing on Tuesday said, its board of directors will meet on Friday, 29 November to discuss and consider raising of funds by issuance of equity or equity-linked securities through permissible modes.