Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) has acquired a stake in YES Bank, marking a significant move in the Indian banking sector. The share purchase highlights growing foreign interest in Indian private banks and is expected to strengthen YES Bank’s capital base and global partnerships. Check all details related to this stake sale:
Name of the Target Company (TC)
YES Bank Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer
Sumitomo Mitsui Banking Corporation
Whether the acquirer belongs to Promoter/Promoter group
No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed
BSE Limited and National Stock Exchange of India Limited
b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others)
NIL
NIL
NIL
c) Voting rights (VR) otherwise than by shares
NIL
NIL
NIL
d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category)
NIL
NIL
NIL
e) Total(a+b+c+d)
6,27,12,35,194
20%
19.75%
Detailsof acquisition/sale
a) Shares carrying voting rights acquired/sold
1,32,39,58,760
4.22%
4.17%
b) VRs acquired /sold otherwise than by shares
NIL
NIL
NIL
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold
NIL
NIL
NIL
d) Shares encumbered / invoked/released by the acquirer
NIL
NIL
NIL
e) Total(a+b+c+/-d)
1,32,39,58,760
4.22%
4.17%
Aftertheacquisition/sale,holdingof:
a) Shares carrying voting rights
7,59,51,93,954
24.22%
23.92%
b) Shares encumbered with the acquirer
NIL
NIL
NIL
c) VRs otherwise than by shares
NIL
NIL
NIL
d) Warrants / convertible securities / any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition
NIL
NIL
NIL
e) Total(a+b+c+d)
7,59,51,93,954
24.22%
23.92%
Mode of acquisition /sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).
Off-market sale
Date of acquisition /saleofshares/VRordateofreceiptofintimationofallotmentofshares, whichever is applicable
September 22, 2025
Equity share capital / total voting capital of the TC before the said acquisition / sale
INR 62,73,12,46,928 comprising 31,36,56,23,464 equity shares of INR 2/- each as per the shareholding pattern for quarter ended June 30, 2025 published on the stock exchanges.
Equity share capital/ total voting capital of the TC after the said acquisition / sale
INR 62,73,12,46,928 comprising 31,36,56,23,464 equity shares of INR 2/- each as per the shareholding pattern for quarter ended June 30, 2025 published on the stock exchanges.
Total diluted share/voting capital of the TC after the said sale acquisition
INR 63,50,61,43,810 comprising 31,75,30,71,905 equity shares of INR 2/- each as per the shareholding pattern for quarter ended June 30, 2025 published on the stock exchanges.