2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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14.19%
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34.19%
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24.19%
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44.19%
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Detailed explanation-1: -After Essel Group founder Chandra failed to service loans of over ₹5, 000 crore from Yes Bank, the private lender invoked Dish TV’s shares that were pledged with it. As of 30 September, Yes Bank’s shareholding stands at 24.78%, while the promoters’ holding was at 4.04%.
Detailed explanation-2: -Yes Bank Limited has acquired a 24.19% stake in Dish TV India Ltd, a corporation providing Direct to Home (DTH) television service in India, following invocation of 44.53 crores pledged shares thanks to default in payment of the debt by Dish TV and a few other companies.
Detailed explanation-3: -Yes Bank on Wednesday received board of directors approval for allotting equity shares and equity share warrants aggregating to ₹8, 887 crore to two global private equity investors – Carlyle and Advent International.