Yes Bank Limited — Others, 28-02-2025: Shareholders meeting

YES BANK has announced a board meeting regarding the results of a recent Postal Ballot, where members approved four ordinary resolutions. These include the appointment of Mr. Manish Jain as a Director and Executive Director, along with approval for revised remuneration for Mr. Prashant Kumar and Dr. Rajan Pental. The resolutions passed with substantial majorities, indicating strong support from shareholders, with over 85% of votes in favor. This positive outcome strengthens the management team and aligns compensation with strategic objectives, reflecting a solid governance framework. Investors may view this as a potential positive outlook for the bank's stability and future performance.