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#YesBank

Retail individual investors should be exempted from the lock-in clause. Here' why;

As per the reconstruction scheme;

Total Equity Shares: 3000 Cr

🔸Existing Shareholders: 255 Cr (8.5%)

🔸SBI & co-banks: 1095 Cr (36.5%)

🔸Unissued Shares: 1650 Cr (55%)

(1/4)
#YesBank

Out of the 255 Cr shares held by existing shareholders;

🔸Promoters: 21 Cr (8.33%)

🔸Mutual Funds: 12 Cr (5%)

🔸Foreign Investors: 38 Cr (15%)

🔸LIC: 20 Cr (8%)

🔸Retail Investors: 122 Cr (48%)

🔸Other Investors: 42 (16%)

(2/4)
#YesBank

So out of the total revised equity of 3000 Cr shares, a paltry sum of 122 Cr shares (4%) is held by individual retail investors.

Even if retailers sell-off in panic;

1) It won't have much effect

2) New buyers will emerge at such lower prices

(4/4)
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