Bandhan Bank Offloads 15.39 Crore YES Bank Shares to Sumitomo Mitsui, Stake Slips to 0.21%

Kolkata, September 17, 2025: Bandhan Bank Ltd (NSE: BANDHANBNK, BSE: 541153) has offloaded 15,39,34,975 equity shares of YES Bank Ltd at ₹21.50 per share to Sumitomo Mitsui Banking Corporation. The transaction was executed on September 17, and the bank’s holding in YES Bank has now been reduced.

Following the offloading of shares to Sumitomo Mitsui, Bandhan Bank’s stock saw a 1.01% rise, closing at ₹164.32 ( higher than the previous day’s close). The stock traded in the green throughout the day and ended up slightly higher in the afternoon session as compared to the morning. On the other hand, the stock of Yes Bank traded sideways throughout the day and witnessed a sudden spike in price towards the closing bell. It closed at ₹21.07 (0.29% higher from the previous day’s close).

Bandhan Bank, headquartered in Kolkata, is a leading private sector bank in India with a diversified presence across retail, MSME, and microfinance lending. Listed on both NSE and BSE, the bank has been strategically rebalancing its investment portfolio while focusing on strengthening its core banking operations.

Shareholding Impact

Bandhan Bank has significantly reduced its stake in YES Bank, selling about 15.39 crore shares to Sumitomo Mitsui Banking Corporation at ₹21.50 per share, amounting to a transaction value of approximately ₹3,308 crore. Post-sale, Bandhan Bank’s holding has fallen from 0.70% (15.39 crore shares) to 0.21% (4.62 crore shares). This divestment is part of the bank’s broader strategy to offload its residual stake in YES Bank, a process initiated earlier this year, thereby enabling capital reallocation and portfolio optimization while strengthening relations with a global financial player.

REF: https://nsearchives.nseindia.com/corporate/BANDHANBNK_17092025164837_BBL_SE_Disclosure_YesBank_StakeSale_17092025_sd.pdf

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