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Yes Bank shares surge over 7%; m-cap rises by Rs 3,446 cr

Press Trust of India  |  New Delhi 

Shares of surged over 7 per cent Monday after the constituted a panel to choose after Kapoor's exit.

The scrip soared 7.08 per cent to end at Rs 220.80 on BSE. During the day, it jumped 10.40 per cent to Rs 227.65.

At NSE, shares of the company surged 7.37 per cent to settle at Rs 221.20.

The stock was the top gainer among the on both the key indices during the day.

The company's market valuation rose by Rs 3,445.85 crore to Rs 50,988.85 crore on BSE.

Former of Irdai, TS Vijayan, and retired OP Bhatt will be part of the panel which will choose Yes Bank's after Kapoor's exit.

The five-member panel will also consist of board members Brahm Dutt, and SC Kalia, the said in a regulatory filing Friday evening.

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

First Published: Mon, October 08 2018. 18:31 IST