YESBANK

Yes Bank Fundraising Plan

Yes Bank Fundraising Plan Yes Bank's board has approved raising Rs 16,000 crore through a mix of equity and debt to support business growth: Equity capital: Up to Rs 7,500 crore will be raised via various equity instruments, with total dilution capped at 10%. Debt instruments: Up to Rs 8,500 crore will be raised through debt securities in Indian or foreign currency, without exceeding the 10% dilution limit (including convertible debt). Governance update: The board also approved amendments to the Articles of Association as part of the share purchase agreement signed on May 9 with Sumitomo Mitsui Banking Corporation (SMBC) and State Bank of India (SBI), subject to RBI and shareholder approvals. This capital raise is aimed at strengthening the bank’s balance sheet and enabling future growth.