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Yes Bank sells 2.66% stake held in CG Power

Capital Market 

Yes Bank has sold 1,66,50,000 equity shares having nominal value of Rs.2/- each, constituting 2.66% of the paid-up share capital of CG Power & Industrial Solutions (CG Power) in various tranches, last being on July 07, 2020 resulting into a change in holding of the Bank by more than 2% of the total shareholding of CG Power.

After the aforesaid disposal of shares, the Bank now holds 6,34,00,000 shares of CG Power, being 10.12% of the paid-up share capital of CG Power.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, July 09 2020. 15:32 IST