YES BANK to Participate in Jefferies 5th India Forum on September 16-18, 2026

1 min read     Updated on 15 May 2026, 10:59 AM
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YES BANK Limited has disclosed its participation in the Jefferies 5th India Forum scheduled for September 16-18, 2026, in Gurgaon, involving Group and 1x1 meetings with analysts and institutional investors. The disclosure, signed by Company Secretary Sanjay Abhyankar on May 14, 2026, confirms that no Unpublished Price Sensitive Information will be shared during the event.

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YES BANK Limited has informed the stock exchanges of its upcoming participation in the Jefferies 5th India Forum, scheduled to be held from September 16-18, 2026, in Gurgaon. The disclosure was made pursuant to Regulation 30 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor Meet Details

The bank will engage with analysts and institutional investors through both Group and 1x1 meetings at the physical event. The key details of the scheduled investor meet are outlined below:

Parameter: Details
Event Name: Jefferies 5th India Forum
Date: September 16-18, 2026
Mode: Physical
Nature of Meeting: Group / 1x1 Meetings
Location: Gurgaon

Regulatory Disclosures

YES BANK has noted that the schedule may undergo changes due to exigencies on the part of investors or the bank. The list of participants will be submitted post the investor meet, in accordance with applicable regulatory requirements.

The bank has explicitly stated that no Unpublished Price Sensitive Information is proposed to be shared during the meeting(s). The information pertaining to this disclosure is being hosted on the bank's website at www.yes.bank.in pursuant to the Listing Regulations, as amended. The intimation was signed by Sanjay Abhyankar, Company Secretary, on May 14, 2026.

Historical Stock Returns for Yes Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%-1.95%+16.90%-1.91%+5.30%+67.20%

What strategic updates or financial targets might YES BANK's management highlight to institutional investors at the Jefferies India Forum to rebuild confidence in the bank's growth trajectory?

How might YES BANK's participation in high-profile investor forums like Jefferies 5th India Forum influence its ability to attract fresh foreign institutional investment in the coming quarters?

Given YES BANK's ongoing recovery journey, what key performance metrics — such as credit growth, NPA reduction, or profitability — are institutional investors likely to scrutinize most closely at such meetings?

Axis Trustee Services Discloses Pledge of 2,664,580,360 YES Bank Shares by Verventa Holdings Ltd Under SEBI Takeover Regulations

2 min read     Updated on 14 May 2026, 10:34 AM
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Axis Trustee Services Limited has disclosed the creation of a pledge over 2,664,580,360 equity shares of YES Bank Limited by Verventa Holdings Ltd, representing 8.49% of the issued and paid-up share capital and 8.39% of the total diluted share/voting capital, effective May 11, 2026. The pledge was created in favour of Axis Trustee Services Limited as onshore security agent under a facility agreement dated April 15, 2026, for the benefit of lenders including Deutsche Bank Aktiengesellschaft, Nomura Singapore Limited, and Citibank N.A., London Branch. Additional security arrangements involving Verventa Midco Limited and DB Trustees (Hong Kong) Limited were separately disclosed on April 21 and April 22, 2026. As on May 11, 2026, Nomura Singapore Limited independently holds an interest in 18,877,700 equity shares of YES Bank Limited, constituting approximately 0.06% of the target company's shareholding.

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Axis Trustee Services Limited has filed a regulatory disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "Takeover Code"), pertaining to the creation of a pledge over equity shares of YES Bank Limited by Verventa Holdings Ltd ("VHL"). The disclosure, dated May 13, 2026, was submitted to BSE Limited and the National Stock Exchange of India Limited, with a copy marked to YES Bank Limited.

Pledge Creation and Facility Background

The pledge was created in connection with a facility agreement dated April 15, 2026, entered into between VHL (as borrower) and certain lenders. Under this arrangement, VHL has pledged its entire holding of equity shares in YES Bank Limited in favour of Axis Trustee Services Limited, acting as the onshore security agent for the benefit of the lenders. The encumbrance was created with effect from May 11, 2026.

The lenders under the facility, as at the date of the disclosure, include:

  • Deutsche Bank Aktiengesellschaft
  • Nomura Singapore Limited
  • Citibank N.A., London Branch
  • Certain other lenders

Details of Shares Pledged

The following table summarises the key details of the encumbrance disclosed under Part-A of the regulatory filing:

Parameter: Details
Target Company: YES Bank Limited
Acquirer/Security Agent: Axis Trustee Services Limited (Onshore Security Agent)
Pledgor: Verventa Holdings Ltd
Number of Shares Pledged: 2,664,580,360 equity shares
% of Total Share/Voting Capital: 8.49%
% of Total Diluted Share/Voting Capital: 8.39%
Date of Encumbrance Creation: May 11, 2026
Mode of Acquisition: Creation of encumbrance (pledge)
Facility Agreement Date: April 15, 2026

Share Capital of YES Bank Limited

The equity share capital of YES Bank Limited before and after the creation of the pledge remains unchanged. The table below presents the relevant capital structure details:

Capital Parameter: Details
Total Paid-Up Equity Shares (Before & After): 31,379,757,057 fully paid up equity shares of INR 2/- each
Total Diluted Share/Voting Capital (After): 31,761,663,732 equity shares of INR 2/- each (31,379,757,057 fully paid up equity shares + 381,906,675 shares underlying outstanding convertible securities)

Additional Security Arrangements

Separately, security has also been created on all shares of VHL by Verventa Midco Limited ("VML") in favour of DB Trustees (Hong Kong) Limited, acting as security agent, for the benefit of the lenders pursuant to a share pledge agreement dated April 15, 2026. Additionally, certain restrictions were placed on VHL in relation to its shares in YES Bank Limited with effect from April 20, 2026. DB Trustees (Hong Kong) Limited filed separate disclosures in relation to these arrangements on April 21, 2026 and April 22, 2026, respectively. The same shares are also being disclosed as encumbered pursuant to the current filing by Axis Trustee Services Limited.

Nomura Singapore Limited's Independent Interest

As on May 11, 2026, Nomura Singapore Limited, being one of the lenders, independently holds an interest in 18,877,700 equity shares of YES Bank Limited (pursuant to certain futures), aggregating to approximately 0.06% shareholding in the target company. Axis Trustee Services Limited has clarified that, as at the date of this disclosure, it does not hold any beneficial interest in the pledged shares and holds them solely in its capacity as pledgee under Regulation 29 of the Takeover Code.

Historical Stock Returns for Yes Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%-1.95%+16.90%-1.91%+5.30%+67.20%

If Verventa Holdings Ltd defaults on the facility agreement, how might a forced sale of 8.49% of YES Bank's shares impact the bank's stock price and ownership structure?

Could the pledge of such a significant stake trigger a mandatory open offer under SEBI's Takeover Code if lenders exercise their rights over the pledged shares?

Who are the ultimate beneficial owners of Verventa Holdings Ltd, and what does this complex multi-layered security structure suggest about their long-term strategic intentions toward YES Bank?

More News on Yes Bank

1 Year Returns:+5.30%