Yes Bank Limited — Others, 26-07-2025: Shareholders meeting
YES Bank has called its 21st Annual General Meeting to approve key strategic initiatives. Shareholders will vote on extending the MD & CEO's tenure until April 5, 2026, and appointing a new Non-Executive Director. The bank plans to raise up to ₹7,500 Cr through eligible equity securities and ₹8,500 Cr via debt securities to strengthen capital and support growth, with total dilution capped at 10%. Proposed resolutions include granting special investor rights to Sumitomo Mitsui Banking Corporation (SMBC) and State Bank of India (SBI) following SMBC’s stake acquisition, and establishing an employee Restricted Stock Units Plan for up to 15.21 Cr units. Also on the agenda are material related party transactions with SBI up to ₹25,000 Cr and the appointment of Secretarial Auditors.
