Yes Bank Limited — Others, 23-12-2024: ESOP/ESOS/ESPS

The Nomination & Remuneration Committee of YES Bank has approved the allotment of 9,71,484 equity shares following the exercise of stock options under the YBL PESOP 2020 plan, generating ₹1.34 Cr for the bank. This allotment raises the paid-up share capital from ₹62,69.98 Cr to ₹62,70.17 Cr, with an increase in the number of equity shares from 31,34.99 Cr to 31,35.09 Cr. The move is likely to bolster investor sentiment by enhancing liquidity and signaling ongoing employee engagement through stock options, presenting a positive outlook for the bank's governance.