The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for State Bank of India
YESBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
State Bank of India (SBI) has sold 413.44 crore equity shares of Yes Bank, representing 13.18% of the equity share capital, to Japan's Sumitomo Mitsui Banking Corporation (SMBC) through an off-market transfer dated September 17, 2025. Prior to this sale, SBI held 75.17 crore shares (23.96%) in Yes Bank; post-sale, its stake drops to 33.82 crore shares (10.78%). This is a block deal between two institutional shareholders and not an open-market transaction, meaning it does not directly affect retail investor liquidity in the stock. The transfer marks a significant reshuffling of Yes Bank's institutional ownership, with a global Japanese bank taking a sizeable position.
For Yes Bank shareholders, this is a neutral-to-positive structural development as a global banking major (SMBC) steps in as a major institutional shareholder. However, SBI's reduced holding removes a long-standing domestic heavyweight sponsor, and there is no direct cash impact on the company.