Yes Bank co-promoter family says willing to dilute stake if large investor comes in
Updated : October 11, 2019 04:47 PM IST
Gogia and family currently hold over 8.3 percent stake in Yes Bank and are the single largest shareholders.
Gogia, who was recently inducted into the bank’s board after a long, bitter battle with the Rana Kapoor family, said that her family firmly stands behind Yes Bank.
The Kapur family has also pledged a small portion of its stake in the bank, which Gogia confirmed was approximately one crore shares or less than one percent of the bank’s paid-up capital.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more