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YBL/CS/2026-27/45
June 21, 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: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
This is to inform you that the Bank has received an Order-in-Appeal (“O-I-A”/“Order”)
pertaining to FY 2021-22 from the Goods and Services Tax (“GST”) department, Uttar Pradesh,
on June 20, 2026. The Order passed by Additional Commissioner (Appeals) on a GST matter
confirms the penalty of Rs. 3,02,31,095/- in addition to tax demand and applicable interest in
accordance with Section 73 of the Central Goods and Services Tax Act, 2017 (“CGST Act”).
It is further submitted that an intimation on this matter was earlier made by the Bank to Stock
Exchange(s) on December 25, 2025, upon receipt of Order-in-Original (“O-I-O”) passed by
Joint Commissioner, which levied a penalty of Rs. 3,30,55,942/-. The current intimation is an
update to the earlier Intimation, whereby the penalty demand stands reduced from
Rs. 3,30,55,942/- to Rs. 3,02,31,095/-, due to partial demand dropped in Bank’s favor
vide O-I-A.
Information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 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, on the
abovementioned Order is enclosed as Annexure A.
The Bank will take appropriate steps, including contesting the Order through appeal within
the prescribed timelines.
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.
We request you to take the above on record.
Thanking you,
Yours faithfully,
For YES BANK LIMITED
Sanjay Abhyankar
Company Secretary
Encl: As above
Annexure A
Sr. No. Details of Events that need to be Details / Information of such
provided events(s)
1 Name of the authority Uttar Pradesh GST department
2 Nature and details of the action(s) taken Order under Section 107(11) of the
or order(s) passed CGST Act
3 Date of receipt of direction or order, June 20, 2026
including any ad-interim or interim
orders, or any other communication from
the authority
4 Details of the violation(s)/ Demand of tax on a GST matter
contravention(s) committed or alleged to along with levy of penalty and
be committed applicable interest
5 Impact on financial, operation or other Penalty – Rs. 3,02,31,095/- (Rupees
activities of the listed entity, quantifiable Three Crores Two Lacs Thirty-One
in monetary terms to the extent possible Thousand and Ninety-Five only).
The Bank believes that it has
adequate factual and legal
grounds to reasonably
substantiate its position in this
matter and at this juncture it does
not expect any material impact on
financial, operation or other
activities due to the said Order.
The Bank will take necessary legal
remedy against the said order.