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Yes Bank has bought over 5 percent stake in IiAS which is an advisory firm, from BSE.
In a regulatory filing, Yes Bank said that it has acquired 5,00,750 equity shares of Institutional Investor Advisory Services (IiAS) from BSE Limited that is equivalent to 5.006 percent of the paid-up capital of the company.
It further said that IiAS is a proxy advisory firm that provides independent opinion, research and data on corporate governance issues to the participants in the Indian market.
