Yes Bank Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the 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.
On the reaction day the stock moved 1.4 pts less than Nifty Midcap 150 and 0.2 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Yes Bank has informed exchanges that CA Basque Investments, a Mauritius-based investor (not part of the promoter group), has sold 2.62% of its shareholding (82 crore equity shares) in the bank through an open market sale on June 3, 2025. Before the sale, CA Basque held 6.84% (214.4 crore shares); after the sale, its holding stands at 4.22% (132.4 crore shares). As a result of crossing below the agreed threshold, CA Basque has lost its right to nominate a director on the bank's board under the investment agreement dated July 29, 2022. The disclosure was made under Regulation 29(2) of SEBI's Takeover Regulations.
This is a sizeable open-market exit by a foreign institutional investor, which could create short-term supply pressure on the stock. However, CA Basque was not a promoter, so this does not affect the bank's promoter holding. The loss of board nomination rights is a governance-level change but not material to operations.