YES Bank Limited has invested Rs 148.71 crore in its subsidiary, YES Securities (India) Limited (YSIL), through a rights issue, said a press release on February 5.
On February 4, 2025, YSIL allotted over 2.5 crore equity shares of Rs 10 each at a premium of Rs 49.28 per share to the bank.
This capital infusion strengthens YSIL’s financial base and supports its future growth, particularly enhancing its margin trading facilities and ensuring smooth client transactions, the release said.
Following the transaction, YES Bank’s shareholding in YSIL will rise to 99.28 percent of the paid-up capital.
The move allows YSIL to maintain adequate margins with stock exchanges and clearing corporations, further boosting its operational capabilities.
The capital infusion will also enable YSIL to continue its operations without interruptions and to expand its services in the margin trading segment, reinforcing its position in the competitive capital markets sector, the release added.
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