Yes Bank Limited

Yes Bank Limited

Yes Bank Limited has provided an update on a Goods and Services Tax (GST) matter pertaining to FY 2021-22. The bank received an Order-in-Appeal from the Uttar Pradesh GST department, confirming a penalty of Rs. 3,02,31,095/-, in addition to tax demand and applicable interest. This represents a reduction from an earlier penalty of Rs. 3,30,55,942/-, due to a partial demand being dropped in the bank's favour. Yes Bank intends to contest the order through an appeal, believing it has adequate grounds, and does not expect any material impact on its financial or operational activities.

Yes Bank Limited

Yes Bank announced the allotment of 6,58,070 new equity shares on June 19, 2026. These shares, with a face value of Rs. 2/- each, were issued following the exercise of stock options under the YBL ESOS 2020 Scheme and YBL RSU Plan 2024. The bank realized Rs. 92,18,221.30 from this exercise. This is a routine event for companies with employee stock ownership plans. For investors, it signifies the ongoing execution of employee benefit schemes and represents a minor increase in the bank's outstanding shares, with negligible impact on per-share metrics given the small number of shares relative to the bank's total equity.