BSECompany Update4d ago · 16 Oct 2026, 08:43 am

Disclosure regarding judgement of the Hon''ble Supreme Court of India in relation to Additional Tier-1 Bonds

Yes Bank Ltd · 532648

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Yes Bank Ltd has received a judgment from the Hon'ble Supreme Court of India upholding the write-down of Additional Tier-1 Bonds (AT1 Bonds) aggregating to ₹8,415 crore, undertaken in March 2020. The Bank is reviewing the order and will make suitable disclosures in due course.

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Yes Bank Ltd - 532648 - Disclosure Regarding Judgment Of The Hon'Ble Supreme Court Of India In Relation To Additional Tier-1 Bonds

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YBL/CS/2026-27/111 October 16, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relations Department Exchange Plaza, Plot no. C/1, G Block, P.J. Towers, Dalal Street Bandra - Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai - 400 051 BSE Scrip Code: 532648 NSE Symbol: YESBANK Dear Sir/Madam, Sub: Disclosure regarding judgment of the Hon’ble Supreme Court of India in relation to Additional Tier-1 Bonds Pursuant to Regulation 30, Regulation 51 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Hon'ble Supreme Court of India on October 15, 2026, has delivered its judgment in the proceedings relating to the write-down of Additional Tier-1 Bonds (“AT1 Bonds”) aggregating to ₹8,415 crore, undertaken in March 2020 in connection with the reconstruction of YES BANK Limited (“Bank”). In this regard, the Bank would like to submit that the Hon'ble Supreme Court has upheld the judgment dated January 20, 2023, passed by the Hon’ble Bombay High Court and consequently dismissed the appeals filed by the Bank, Reserve Bank of India and Union of India. The Bank respects the judgment of the Hon'ble Supreme Court. The Bank is examining the judgement in detail including evaluating all available legal options and suitable actions / steps going forward. The Bank has access to appropriate capital-management levers, and it preserves the flexibility to undertake additional capital actions, as considered appropriate to pursue its growth objectives. The Bank remains firmly focused on the continued strength of its franchise and on providing customers with consistent service and support across their banking requirements. Information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Clause 20 of Para A of Part A of Schedule III, on the above-mentioned judgement is enclosed as Annexure A. The weblink of BSE Limited and National Stock Exchange of India Limited providing the above information is being hosted on the Bank’s website www.yes.bank.in pursuant to Listing Regulations, as amended. The above information is being submitted for your information and record. Kindly take note of the above. Thanking you, Yours faithfully, For YES BANK LIMITED Sanjay Abhyankar Company Secretary Encl.: Annexure A Annexure A Sr. Details of Events that Details / Information of such events(s) No. need to be provided 1 Name of the authority Hon’ble Supreme Court of India, New Delhi 2 Nature and details of the Judgement of Hon’ble Supreme Court of India in action(s) taken, initiated or relation to write down of AT1 Bonds order(s) passed ORDER PASSED 1. The appeals challenging the order of Hon’ble Bombay High Court, setting aside the write down of the AT1 Bonds, are dismissed. Interim order, if any, stands vacated. 2. The payment of annual coupon rate shall remain unaffected by the outcome of these appeals and must be made in terms of the Information Memoranda. 3. Parties are left to bear their own costs. 4. Pending proceedings may be taken to its logical conclusion uninfluenced by the judgement. 3 Date of receipt of direction 15 October 2026 or order, including any ad- interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ The contravention relates to an action undertaken by contravention(s) the Administrator in March 2020, in reference to the committed or alleged to be Bank’s reconstruction. The Hon’ble Supreme Court has committed upheld the decision of the Hon’ble Bombay High Court which had set aside the order of the Administrator to write down the At1 Bonds aggregating to ₹8,415 crore. 5 Impact on financial, Bank is currently reviewing the order and its operation or other implications and will make suitable disclosures in due activities of the listed course. entity, quantifiable in Particularly with respect to Capital adequacy, pro- monetary terms to the forma impact of re-instatement of AT1 Bonds principal extent possible amount on CET1 Ratio (including Profits) as on June 30, 2026 is expected to be ~250 bps. Tier1 Ratio on a proforma basis to remain unimpacted at 14.0%.