NSEOutcome of Board Meeting17 Oct 2026 · 17 Oct 2026, 07:41 pm

Outcome of Board Meeting

Yes Bank Limited · YESBANK

✦ AI SummaryMgmt Change

Yes Bank Limited announced the appointment of Mr. Sai Venkataramana Kosuri as the new Chief Vigilance Officer (CVO) and Senior Management Personnel (SMP) of the Bank, effective November 25, 2026. Mr. Harish Sehgal, who was interim CVO, will demit the office on November 24, 2026.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Change in Senior Management Personnel (SMP) of the Bank

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YESBANK_17102026194113_Stock_Exchange_Intimation_BM_signed.pdf

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YBL/CS/2026-27/117 October 17, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Corporate Relations Department Bandra - Kurla Complex, Bandra (E), P.J. Towers, Dalal Street Mumbai - 400 051 Mumbai – 400 001 NSE Symbol: YESBANK BSE Scrip Code: 532648 Dear Sir/ Madam, Sub.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Change in Senior Management Personnel (SMP) of the Bank We refer to our intimation dated September 16, 2026, bearing the Ref No. YBL/CS/2026-27/94, wherein YES Bank Limited (“the Bank”) had intimated that pursuant to the cessation of the office of the then Chief Vigilance Officer (CVO) pursuant to the resignation tendered by Mr. Binu Soman, the Bank had, in the interim, designated Mr. Harish Sehgal, (Head – AML & Principal Officer of the Bank) as the interim CVO of the Bank, effective September 16, 2026, until the appointment of a new CVO. The Bank would like to inform that basis the recommendation of the Nomination and Remuneration Committee of the Bank, the Board of Directors of the Bank at its meeting held today i.e. on October 17, 2026, has, inter-alia approved the appointment / designated Mr. Sai Venkataramana Kosuri - Head Legal Retail and Business Banking of the Bank as the new Chief Vigilance Officer (CVO) and SMP of the Bank with effect from November 25, 2026, and he shall discharge responsibilities exclusively in the capacity of Chief Vigilance Officer (CVO) from the said effective date. Consequent to the above, Mr. Harish Sehgal (Head – AML & Principal Officer ), who has been Interim Chief Vigilance Officer and SMP, with effect from September 16, 2026 , shall demit the office of Interim Chief Vigilance Officer with effect from November 24, 2026 end of business hours and shall continue / re-designated as Head – AML & Principal Officer of the Bank and cease to be classified as an SMP of the Bank. Accordingly, the information as required under Regulation 30 of the SEBI Listing Regulations read with Schedule III and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, 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 Board Meeting commenced at 10:00 a.m. (IST) and concluded at 07:30 p.m. (IST). We request you to take the above on record. Thanking you, Yours faithfully, For YES BANK LIMITED Sanjay Abhyankar Company Secretary Encl: 1. Annexure A Annexure A Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Particulars Details 1 Name Mr. Sai Venkataramana Kosuri Mr. Harish Sehgal - Pursuant to the Reason for appointment of new Chief change viz. Vigilance Officer, appointment, demitting the office as a re- interim Chief Vigilance 2 Appointment as a Chief Vigilance Officer appointment, Officer and accordingly resignation, ceased to be SMP of the removal, death Bank or otherwise Date of Date of Cessation as SMP: appointment/r Effective November 24, Date of Appointment: e- 2026 end of business November 25, 2026 appointment/c hours. 3 essation (as Term of Appointment: Appointed as a CVO for applicable) & a period of 3 years from November 25, 2026, till term of November 24 2029. appointment/r e-appointment Sai Venkataramana Kosuri brings over 22 Not Applicable years of extensive legal experience across the banking and financial services industry, with deep expertise in Retail and Branch Banking, strategic legal advisory, Retail Assets, Business Banking, debt management, Brief Profile (In collections and regulatory matters. His 4 case of experience spans across complex legal and appointment) regulatory matters, with a strong focus on risk mitigation, governance and enabling business growth. Currently serving as Head Legal – Retail and Business Banking at YES BANK, Sai leads the legal function for the Retail and Business Banking businesses, partnering with business leadership on strategic initiatives and critical legal, regulatory and risk matters while safeguarding the Bank’s interests. Prior to YES BANK, Sai spent over a decade with HDFC Bank, where he served as Head Legal & Senior Vice President – Retail Assets & Debt Management, following his role as National Legal Manager with Centurion Bank of Punjab. He began his career with GE Capital as Manager – Legal & Collections, building a strong foundation in legal and collections matters. His career reflects progressive legal leadership across leading financial institutions, with expertise spanning business partnering, legal risk management and regulatory governance. Disclosure of N.A. N.A. relationships between 5 Directors (in case of appointment of a director)