The stake reduction was carried out through open market sales in multiple tranches between January 6 and May 6. Bay Tree was an anchor investor in Yes Banks July 2020 further public offer (FPO) of Rs 15,000 crore...
https://www.financialexpress.com/industry/banking-finance/bay-tree-holdings-cuts-stake-in-yes-bank-by-more-than-2/2250253/#financialexpress
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