MoneyWorks4Me

Yes Bank acquires 17.31% stake in Fortis Healthcare

14 Mar 2018 Evaluate

Yes Bank has acquired 89,781,906 equity shares, constituting 17.31% of the paid-up share capital, having nominal value of Rs 10 per share of Fortis Healthcare, pursuant to invocation of pledge on the said equity shares subsequent to default by promoters group companies in the credit facility provided by the Bank.

Yes Bank has a pan India presence across all 29 states and 7 Union Territories of India.



Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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