Yes Bank Ltd Share Price

Sumitomo Mitsui Banking Corporation (SMBC) has successfully completed the acquisition of a 20% shareholding in YES Bank through a secondary purchase of shares from State Bank of India (SBI) and other bank investors that participated in the Bank's March 2020 Reconstruction Scheme. The acquisition makes SMBC the largest shareholder in YES Bank, while SBI continues as a major shareholder with over 10% holding.

The completion of the transaction also saw the induction of two SMBC nominee directors onto YES Bank's Board, further strengthening governance and creating a platform for deeper strategic collaboration.

The Board of Yes Bank at its meeting held on 18 September 2025 has approved the following:

• Noted the resignation of  Sandeep Tewari (DIN 09623300) (nominee director of SBI), as a Non-Executive Director of the Bank with effect from 17 September 2025.
• Noted the completion of transaction and transfer of 4,134,404,897 equity shares (13.19% stake) of the Bank from State Bank of India to Sumitomo Mitsui Banking Corporation (SMBC).
• Noted the completion of transaction and transfer of  2,136,830,297 equity shares (6.81% stake) of the Bank from other sellers including Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank and Kotak Mahindra Bank to SMBC.
• Approved the appointment of Shinichiro Nishino (DIN: 11290100) and Rajeev Veeravalli Kannan (DIN: 01973006) as Additional Directors, Non-Executive and Non-Independent Directors (Nominees of SMBC)