Yes Bank Ltd. — Capital/Financing Update 2021

Nov 12, 2021

YBL/CS/2021-22/0080

November 12, 2021

BSE Limited	National Stock Exchange of India Limited
Corporate Relations Department	Exchange Plaza,
P.J. Towers, Dalal Street	Plot no. C/ 1, G Block,
Mumbai - 400 001	Bandra - Kurla Complex, Bandra (E)
BSE Scrip Code: 532648	Mumbai - 400 051
	NSE Symbol: YESBANK

Dear Sirs,

Sub.: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

We wish to inform you that YES BANK Limited ('the Bank") has acquired 14,02, 991 equity shares having face value of Rs. 10 per share by way of invocation of pledge, constituting 7.21 % of the issue paid-up share capital, of a hsted company, namely, Asian Hotels (North) Limited.

The details of acquisition in terms of SEBI Circular No. CIR/ CFD / CMD / 4/ 2015 dated September 09, 2015 for the proposed acquisition are given below:

S.No.	Particulars	Details
1.	Name of the Target Company	Asian Hotels (North) Limited
	and brief details such as size,	) has a revenue of Rs. 72.58 (" Asian/Borrower"
	turnover	crores as on March 31, 2021
2.	Whether the acquisition will fall	related party and the 1he Bank is not a
	within related party transactions	acquisition is not a related party transaction.
	and whether the promoter/
	promoter group/ group	As on date, the Bank does not have any
	companies have any interest in	identified promoters or promoter group.
	the entity being acquired? If yes,
	nature of interest and details	pursuant have been acquired to Shares
	thereof and whether the same is	invocation of pledge of shares of Borrower
	done at arms' length.	subsequent to default/ breach of terms of credit
		facilities sanctioned by the Bank to the Borrower
		( collectively the "Loans" ).
3.	Industry to which the entity	Hospitahty
	being acquired belongs
4.	Objects and Effects of acquisition	on pledge Shares acquired invocation of
	of ( disclosure reasons for	subsequent to default/breach of terms of Loans
	acquisition of target entity if its	to the Borrower and accordingly proceeds from
	business is outside the main hne	sale of shares will be utihzed to reduce the loan
	of business)	secured by such shares.

Regd. & Corporate Office: YES Bank Limited, YES Bank House, Off Western Express Highway, Santacruz East, M umbai 400055, India I Tel: +91 {22} 5091 9800, +91 (22) 6507 9800, Fax: +91 {22} 2619 2866 Website: www.yesbank.in Email: communications@yesbank.in CIN - L65190MH2003PLC143249

5.	Brief details of any governmental	Not Apphcable
	or regulatory approvals required
	for the acquisition
6.	period Indicative time for	Shares have been acquired upon invocation of
	completion of the acquisition	and this pledge of shares one-time is a transaction.
7.	Nature of consideration	Shares acquired on invocation of pledge of
		shares and accordingly the proceeds from sale of
		the shares will be utihzed to reduce the loans
		secured by such shares
8.	Cost of Acquisition or the price at	Shares acquired on invocation of pledge of
	which the shares are acquired	shares and accordingly the proceeds from sale of
		the shares will be utihzed to reduce the loans
		secured by such shares
9.	and Number percentage of	14,02,991 number of equity shares (7.21% of
	shareholding acquired	equity share capital of Asian)
10.	Brief background of the entity	Asian is a 41 years old Company which operates
	acquired of (product/hne	in the Hospitahty Sector.
	of business acquired, date
	incorporation/history of last	Date of Incorporation: November 13, 1980
	three years turnover)
		Turnover in FY19, FY20 & FY21 was Rs. 273.52 Rs.
		252.39 Cr and Rs. 72.58 Cr respectively.

Aforesaid details about the Target Company has been provided on the basis of pubhcly available information.

We request you to kindly take the same on your records.

Thanking you,

Yours faithfully, For YES BANK LIMITED

Shivanand R. Shettigar Company Secretary