YES BANK Limited has announced the allotment of 8,93,540 equity shares of face value ₹2 each to employees under its various stock option and restricted stock unit plans. The allotment was approved by the Nomination Remuneration Committee of the Bank on December 18, 2025.

Share Allotment Details

The share allotment covers multiple employee benefit schemes operated by the bank. The bank realized significant proceeds from the exercise of these stock options by employees.

Employee Stock Plan Coverage

The allotment encompasses shares under three key employee benefit schemes. These include the YBL JESOP 2018 Plan, YBL PESOP 2020 Plan under YBL ESOS 2020 Scheme, and the YBL RSU Plan 2024.

Impact on Share Capital

Following this allotment, the bank's paid-up share capital has increased substantially. The total number of equity shares outstanding has risen from 31,377,549,600 to 31,378,443,140 shares.

Regulatory Compliance

The bank has fulfilled all disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been communicated to both BSE Limited (Scrip Code: 532648) and National Stock Exchange of India Limited (Symbol: YESBANK). The relevant details are also being hosted on the bank's official website at www.yes.bank.in as per regulatory requirements.

This allotment demonstrates the bank's commitment to employee participation in equity ownership and aligns employee interests with shareholder value creation across multiple stock benefit schemes.

Leadership Changes at Quess Corp

Quess Corp , a leading business services provider, has announced significant changes in its leadership structure. The company has appointed Guruprasad Srinivasan as its new Chief Executive Officer (CEO), effective from April 1, 2023. This appointment marks a crucial step in the company's strategic reorganization.

New CEO Appointment

Guruprasad Srinivasan, who has been with Quess Corp since 2014, brings a wealth of experience to his new role. Prior to this appointment, he served as the Executive Director and Group CEO, demonstrating his deep understanding of the company's operations and strategic goals.

Board Restructuring

In addition to the CEO appointment, Quess Corp has also made changes to its board composition:

• Suraj Moraje has stepped down from his position as Executive Director and Group CEO.
• Kamal Pal Hoda has been appointed as an Additional Director (Non-Executive, Non-Independent) on the board.

Strategic Implications

These leadership changes are part of Quess Corp's broader strategy to strengthen its market position and drive future growth. The company aims to leverage the expertise of its new leadership team to navigate the evolving business landscape and capitalize on emerging opportunities in the business services sector.

Market Reaction

Investors and market analysts will be closely watching how these leadership changes impact Quess Corp's performance in the coming quarters. The stock market's reaction to this news may be an important indicator of investor confidence in the new leadership team and the company's future prospects.

Conclusion

As Quess Corp enters this new phase under fresh leadership, stakeholders will be keen to see how the company adapts its strategies and operations to meet the challenges and opportunities in the dynamic business services market. The success of this leadership transition could be crucial in determining Quess Corp's trajectory in the near to medium term.