Brief: Federal Bank To Sell Shares Of YES Bank Held BY Bank, In Favour Of Sumitomo Mitsui Banking Corporation
09/05/2025 12:03
May 9 (Reuters) - Federal Bank Ltd FED.NS: FEDERAL BANK LTD - EXECUTED A LETTER AGREEMENT WITH SUMITOMO MITSUI BANKING CORPORATION FEDERAL BANK LTD: SALE OF 16,62,73,472 SHARES OF YES BANK LIMITED HELD BY FEDERAL BANK, IN FAVOUR OF SUMITOMO MITSUI BANKING CORPORATION FEDERAL BANK LTD - SELLS 16,62,73,472 YES BANK SHARES TO SUMITOMO MITSUI FEDERAL BANK LTD - SHARES SOLD AT 21.50 RUPEES PER SHARE Source text: ID:nBSE9XpY40 Further company coverage: FED.NS ((Reuters.Briefs@thomsonreuters.com;))
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