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RAJIV GUPTA (SEBI RA)

3rd Sep · SEBI-Registered Analyst

CCI Approval - Yes Bank Ltd

Code BSE: 532648 NSE:

YESBANK
The proposed acquisition of stake by Sumitomo Mitsui Banking Corporation in the Bank through a secondary stake purchase from the State Bank of India and 7 other shareholders of the Bank, i.e., Axis Bank Limited, Bandhan Bank Limited, Federal Bank Limited, HDFC Bank Limited, ICICI Bank Limited, IDFC First Bank Limited and Kotak Mahindra Bank Limited . Further to the above, we wish to inform that SMBC has intimated the Bank that the Proposed Transaction has been approved by the Competition Commission of India . Further, the consummation of the above referred Proposed Transaction is subject to customary conditions precedent as mentioned in the agreements referred in our intimation dated May 09, 2025

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yesbank03092025.pdf
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