got it , uday kotak has sold his shares to comply with RBI regulations and thereby they have achieved the twin goals of raising capital and share dilution.
Hey Pradyut, as I have mentioned in this post and in the #2 edition as well, QIP and promoter dilution are different. So twin goals were NOT achieved. Any money raised by selling Uday Kotak's shares will go to him, not the bank.
Great info about yes bank missed it !!!
Good well articulated article
nice article
if QIP doesnt lead to dilution of shareholding , then how does it work?
got it , uday kotak has sold his shares to comply with RBI regulations and thereby they have achieved the twin goals of raising capital and share dilution.
Hey Pradyut, as I have mentioned in this post and in the #2 edition as well, QIP and promoter dilution are different. So twin goals were NOT achieved. Any money raised by selling Uday Kotak's shares will go to him, not the bank.