Shares of Yes Bank on Thursday jumped over 6 per cent after the company said the management is “deeply engaged” in fundraising exercise.

The scrip gained 5.68 per cent to close at ₹37.20 on the BSE. During the day, it climbed 7.95 per cent to trade at ₹38.

On the NSE, it advanced 6.39 per cent to close at ₹37.45.

Yes Bank on Wednesday said the financial results for the third quarter ended December 2019 will be delayed and is expected by mid-March as the management is “deeply engaged” in fundraising exercise.

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“As you are aware, the bank is currently engaged in capital raising. In this regard, we wish to disclose that we have received non-binding expressions of interest from several prominent investors.

Given that the current capital-raising process has the bank’s fullest attention, it would like to inform the exchanges that it will publish its unaudited financial results for the quarter and nine-month period ending December 31, 2019, on or before March 14, 2020,” it said in a regulatory filing.

Yes Bank said it had received non-binding expressions of interest from companies including JC Flowers & Co. LLC; Tilden Park Capital Management LP; OHA (UK) LLP (part of Oak Hill Advisors); and Silver Point Capital.