Yes Bank’s board is set to convene on June 29 to deliberate on significant fundraising initiatives. The bank plans to explore options for raising capital through equity and debt issuances, including private placements and preferential allotments. Shareholders may be asked to approve these measures, as the bank assesses its future capital needs. This strategic move aims to bolster the bank’s financial standing.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires