Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
YESBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
YES Securities (India) Limited, a subsidiary of Yes Bank Limited, received an order from the National Stock Exchange of India Limited (NSE) dated May 26, 2026. NSE imposed a monetary penalty of Rs. 1 lakh for passing on penalty pertaining to upfront/peak margin to clients. Additionally, YES Securities was prohibited from onboarding any new clients for a period of 3 months and imposed another monetary penalty of Rs. 1 lakh. Yes Bank states that the subsidiary is taking corrective actions. The parent company clarifies there is no material impact on the financials, operations, or other activities of Yes Bank Limited.
The penalties are on a subsidiary and do not materially affect Yes Bank's operations or financials, but the 3-month prohibition on client onboarding could temporarily affect the subsidiary's brokerage business growth.