Clarification under Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") on news item appearing in "Mainstream Media"
Awaiting price reaction for this filing.
Yes Bank has issued a clarification in response to a news article dated June 2, 2025, which reported that Sumitomo Mitsui Banking Corporation (SMBC) was planning to seek RBI approval for a wholly owned subsidiary as part of a strategy to acquire a controlling stake in Yes Bank. The Bank stated that it is not privy to any such discussions and that the article's reference to 'road map' discussions with the RBI is factually incorrect. Yes Bank has committed to complying with Regulation 30 disclosure requirements if and when any material development occurs. The clarification has been submitted to both NSE and BSE and hosted on the Bank's website.
The Bank has officially denied awareness of any acquisition talks, which may reduce speculation-driven momentum in the stock. However, investors should watch for any future official announcement from either Yes Bank or SMBC regarding a potential deal.