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S&P
BSE SENSEX
73,651.35
+655.04
+0.90 %
Corporate Announcement
Security Code
532648
Company
YES BANK LTD.
Exchange Received Time
16/03/2018 19:40:20
Exchange Disseminated Time
16/03/2018 19:40:26
Time Taken
00:00:06
Prior Intimation Regarding The Proposal To Consider A Potential Issuance Of Second Tranche Of Notes Under The Medium Term Note Programme Of The Bank, In Accordance With Applicable Provisions Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended |
3/16/2018 7:40:20 PM
We refer to the intimation(s) made to the Stock Exchanges on November 29, 2017 wherein we had informed you that the Capital Raising Committee ('CRC') of the Board of Directors of the Bank had approved the setting up of the Medium Term Note Programme of the Bank aggregating to an amount of US$ 1 Billion (the 'Medium Term Note Programme'), out of which US$ 600 Million has already been drawn in the first tranche. In continuation of the same and pursuant to Regulation 29(1)(d), Regulation 50(2), Regulation 50(3) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the CRC of the Bank would consider a potential issuance of second tranche of Notes under the Medium Term Note Programme of the Bank, within the limits permitted by regulatory authorities, on or after March 21, 2018.
Kindly take note of the above.
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