Yes Bank shares in focus after board approves ₹16,000 crore fundraising plan

Shares of Yes Bank

Ltd. will be in focus on Tuesday, June 30, after the private sector lender's board approved a proposal to raise up to ₹16,000 crore through a combination of equity and debt issuances.

The board cleared an enabling resolution to raise up to ₹7,500 crore through eligible equity securities and up to ₹8,500 crore through eligible debt securities in one or more tranches, subject to shareholder and regulatory approvals.

The bank said the equity fundraising, together with any dilution arising from the conversion of eligible convertible debt securities, will not result in an aggregate dilution of more than 10% of the existing share capital.

The proposed fundraising may be undertaken through various permissible routes in domestic and overseas markets. The debt issuance may also include instruments denominated in Indian or foreign currencies.

The proposals will be placed before shareholders for approval at the bank's 22nd Annual General Meeting, scheduled to be held on August 19.

As of March 31, 2026, Yes Bank's capital adequacy ratio stood at 15.3%, comfortably above the regulatory requirement of 9%, although marginally lower than 15.6% a year earlier.

Yes Bank shares ended Monday's session 0.84% higher at ₹25.08. The stock has gained 17% so far this year.