Yes Bank Limited — Important, 05-02-2025: General Updates

YES Bank’s subsidiary, YES Securities (India) Limited, has completed a rights issue by allotting 2,50,85,603 equity shares at ₹10 each, with a premium of ₹49.28 per share, totaling ₹148.71 crore. This capital infusion allows YSIL to enhance its operational capabilities, including maintaining adequate margins required for seamless trading and expanding its margin trading facilities for clients.

As a full-scale capital markets intermediary, YSIL operates in both retail and institutional broking. With a reported turnover of ₹271.74 crore for FY 2023-24, YSIL shows steady growth from previous years (FY 22-23: ₹218.66 crore, FY 21-22: ₹157.49 crore). The transaction enabled YES Bank to increase its ownership in YSIL to 99.28% of its paid-up capital. This strategic move positions YES Bank for enhanced profitability and a stronger foothold in the capital markets sector, indicating a positive outlook for future operations.