YES Bank Bags ₹78 Crore from Trust in Security Receipts Portfolio, Files Disclosure Under SEBI Reg 30

Mumbai, June 17, 2025 — YES Bank Ltd (NSE: YESBANK, BSE: 532648) has officially reported receiving a sum of ₹78 crore from a single trust, linked to its Security Receipts Portfolio. The transaction value surpasses the book value of the trust’s associated assets, thereby breaching the defined materiality criteria under the revised SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As of 9:07 AM IST on Tuesday, June 17, 2025, YES Bank Ltd’s stock traded flat at ₹20.24 with no change in price for the day. The stock opened at ₹20.24 and maintained that level throughout the session, recording no intra-day movement. The market capitalisation stood at ₹63,480 crore, with a price-to-earnings (P/E) ratio of 25.95. While the stock’s 52-week high is ₹27.44 and the low is ₹16.02, it offered no dividend yield or quarterly dividend at this time.

What This Means for YES Bank

The receipt of ₹78 crore from a single trust under the Security Receipts Portfolio signals a positive development in YES Bank’s efforts to recover stressed assets. Since the amount received is greater than the carrying value of the underlying assets, it reflects an effective recovery process. This outcome indicates improved asset resolution, which can strengthen investor confidence in the bank’s ability to manage non-performing assets (NPAs).

Disclosure Triggered Under SEBI Guidelines

The bank has made this development public under Regulation 30 of the SEBI Listing Regulations. The disclosure has been necessitated due to the significant monetary impact of the transaction, qualifying it as a material event warranting investor notification. When such recoveries exceed carrying values, they can influence financial statements and are considered significant enough to impact investor decisions. By making this disclosure, the bank ensures transparency, aligns with regulatory expectations, and reassures stakeholders.

Official Statement

“This is for your information and appropriate dissemination,” said Sanjay Abhyankar, Company Secretary of YES Bank, in a formal communication submitted to the stock exchanges.

Additionally, the update has been published on the official YES Bank website in compliance with SEBI’s disclosure protocols.

Strategic Relevance for the Bank

YES Bank is in a critical phase of regaining full market confidence post its 2020 rescue. Every meaningful recovery of funds, such as this, adds credibility to its asset resolution capabilities. For potential investors, especially institutional ones, such recoveries reinforce the bank’s turnaround narrative. It also supports YES Bank’s aim to stabilise its balance sheet and create a platform for future growth with its new strategic partner, SMBC.

REF: https://nsearchives.nseindia.com/corporate/YESBANK_17062025081929_SE_Intimation_Security_Receipts_17062025_signed.pdf

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