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How many shares of Yes Bank can I Sell?

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How many shares of Yes Bank can I Sell?

If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. You will not be able to sell it. Kite will start showing only 25\% of shares you held on 13th March, the shares you can sell.

What is the lock-in period for Yes Bank Limited shares?

Update March 15, 2020: There was a notification from the Ministry of Finance in the matter of Yes Bank Limited on Friday evening, March 13th, 2020. As per this, 75\% of all shares that you hold will be locked for 3 years and can’t be sold. This won’t be applicable for investors holding less than a hundred (100) shares.

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Did SBI buy 725 crore shares in Yes Bank at Rs 10?

“The executive committee of central board at its meeting held on March 11 accorded approval for purchase of 725 crore shares in YES Bank at a price of Rs 10 per share subject to all regulatory approvals,” SBI said. “SBI’s shareholding in YES Bank will remain within 49 per cent of the paid up capital of YES Bank,” it added.

What is the new Isin of Yes Bank?

To give effect to the above notification the depositories are executing a corporate action and changing the ISIN of Yes Bank from INE528G01027 (old) to INE528G01035 (new). Click here to read the circular from CDSL (Depository) and the Ministry of Finance.

https://www.youtube.com/watch?v=OU8Ee32wBFo

When will I See my Yes Bank shares bought on T1?

We will update as soon as they are delivered. You will also not be able to see Yes Bank shares bought on Monday, 16th March 2020 (yesterday) in your T1 holding (no BTST trades). You will be able to see and sell them only after the stock is delivered to your account after 2 days.

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How many shares can I sell after 3 years?

If you hold less than 100 shares, you will be able to freely sell all the shares that you’re holding. What this means is that if you held 100 shares, 75 shares are locked for 3 years, but if you held 99 shares no shares are locked. From Monday 16th March 2020, whatever new shares you buy, you will be able to freely sell them.

https://www.youtube.com/watch?v=arwuwfxg_Q8

Is portfolio rebalancing due for Yes Bank stock?

For retail investors who have directly bought Yes Bank stock, some portfolio rebalancing may be due. “If you have Yes Bank in your portfolio, you may need to sell other banking stocks to maintain your sector level asset allocation, for example,” said Vinit Iyer, a Pune based SEBI Registered Investment Advisor (RIA).