YES Bank Allots 1,78,130 Equity Shares Under Employee Stock Option Schemes

YES Bank Limited has announced the allotment of equity shares under its employee stock option schemes, marking another step in its employee compensation programs. The bank's Nomination & Remuneration Committee approved the allotment on March 6, 2026, demonstrating the continued utilization of employee stock ownership plans.

Share Allotment Details

The committee approved the allotment of 1,78,130 equity shares with a face value of Rs. 2 each. These shares were allotted pursuant to the exercise of stock options under two schemes: the YBL PESOP 2020 Plan under YBL ESOS 2020 Scheme and the YBL RSU Plan 2024.

Parameter:	Details
Shares Allotted:	1,78,130 equity shares
Face Value:	Rs. 2 per share
Allotment Date:	March 6, 2026
Amount Realized:	Rs. 20,22,317.50

Impact on Share Capital

The allotment resulted in an increase in the bank's paid-up share capital. The exercise of stock options generated Rs. 20,22,317.50 for the bank, reflecting the financial benefit of employee stock option exercises.

Metric:	Before Allotment	After Allotment
Paid-up Share Capital:	Rs. 62,758,905,354	Rs. 62,759,261,614
Number of Equity Shares:	31,379,452,677	31,379,630,807
Face Value per Share:	Rs. 2	Rs. 2

Employee Stock Option Schemes

The allotment was executed under two distinct employee compensation plans. The YBL ESOS 2020 Scheme, specifically through its YBL PESOP 2020 Plan component, and the more recent YBL RSU Plan 2024 facilitated this share allotment. These schemes represent the bank's commitment to employee ownership and long-term incentive structures.

Regulatory Compliance

YES Bank has ensured compliance with regulatory requirements by hosting the relevant information on BSE Limited and National Stock Exchange of India Limited weblinks on its official website at www.yes.bank.in . This disclosure aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, ensuring transparency in corporate actions related to share allotments.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.06%	-4.49%	-12.69%	-15.27%	+6.22%	+27.39%

YES BANK has issued an official clarification to BSE Limited under Regulation 30 of SEBI (LODR) Regulations, 2015, confirming that the recent Multi-Currency Prepaid Forex Card fraud incident has no material impact on the bank's operations. The clarification comes following media reports about unauthorized transactions and regulatory scrutiny from the Reserve Bank of India.

Official Regulatory Response and Compliance

In its formal communication dated February 26, 2026, YES BANK provided comprehensive details to BSE Limited regarding the fraud incident that occurred on February 24, 2026. Company Secretary Sanjay Abhyankar confirmed that the bank remains fully compliant with disclosure requirements and has no undisclosed information that could affect trading activities.

The bank emphasized its commitment to keeping stock exchanges informed of all material events as required under listing regulations, while maintaining transparency with stakeholders throughout the incident management process.

Detailed Incident Analysis and Impact Assessment

YES BANK's fraud monitoring system detected unusual activity on Multi-Currency Prepaid Forex Cards issued in partnership with BookMyForex during a critical five-hour window. The unauthorized transactions targeted specific BIN numbers across 15 merchants in a Latin American country that does not mandate two-factor authentication for e-commerce transactions.

Parameter:	Details
Incident Date:	February 24, 2026
Time Period:	3:30 AM - 8:30 AM (IST)
Affected Customers:	5,000
Merchant Locations:	15 merchants in Latin American country
Approved Transactions:	USD 0.28 million equivalent (Approx. INR 2.50 crores)
Declined Attempts:	688 transactions
Amount Protected:	USD 0.10 million equivalent

Comprehensive Security Measures and Customer Protection

As an immediate security response, YES BANK restricted e-commerce transactions from the specific Latin American country involved in the fraudulent activities. The bank's monitoring and control mechanisms successfully declined 688 unauthorized transaction attempts, demonstrating the effectiveness of its fraud detection systems.

YES BANK is actively working with the Card Network to raise chargebacks, ensuring that impacted customers do not face any financial losses from the unauthorized transactions. The bank has implemented enhanced security protocols and continues to monitor the situation closely while collaborating with stakeholders to protect customer interests.

Regulatory Compliance and Market Communication

The bank's official press release, submitted to stock exchanges via letter YBL/CS/2025-26/196 dated February 26, 2026, reinforces its commitment to maintaining the highest standards of data security and customer protection. YES BANK confirmed that all relevant information has been disclosed to exchanges as required under SEBI regulations, with no material undisclosed events affecting the bank's operations.

The comprehensive clarification demonstrates YES BANK's proactive approach to regulatory compliance and transparent communication with stakeholders during security incidents involving digital payment instruments.