Yes Bank announced that the Bank pursuant to invocation of pledge ofshares, acquired 949,930 equity shares having nominal value of Rs. 10/- per share, constituting approx. 20.61 % of the post-issue paid-up share capital as at 30 September 2019, of a listed company, namely, Tulip Star Hotels.

The shares have been acquired on invocation of pledge subsequent to default/breach of terms of credit facilities sanctioned by YES Bank to Ezeego One Travel & Tours.

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Yes Bank has allotted 140,000 equity shares under ESOP. The paid up equity share capital has increased to Rs 510.09 crore consisting of 2550472231 equity shares of Rs 2 each.

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Yes Bank has received revision in credit ratings from ICRA as under -

Basel III Compliant Tier II Bond Programme (Rs 10,900 crore) - [ICRA] A+ (hyb) (Negative); outstanding

Basel II Compliant Lower Tier II Bond Programme (Rs 2530 crore) - [ICRA]A+ (Negative); outstanding

Basel II Compliant Upper Tier II Bond Programme (Rs 1344.10 crore) - [ICRA] A (Negative); outstanding

Basel II Compliant Tier I Bond Programme (Rs 307 crore) - [ICRA]A (Negative); outstanding

Infrastructure Bond Programme (Rs 7030 crore) - [ICRA]A+ (Negative); outstanding

Basel III Compliant Additional Tier I Bond Programme (Rs 10,800 crore) - ICRA]BBB+ (hyb) (Negative); outstanding

Short-term Fixed Deposit Programme - [ICRA]A1+; outstanding

Certificates of Deposit Programme (Rs 20,000 crore) - [ICRA]A1+; outstanding

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Yes Bank has received revision in credit ratings from CARE as under -

Infrastructure Bonds (Rs 5000 crore) - CARE A+ (Credit Watch withdeveloping Implications) (Revised from CARE AA-; Negative)

Lower Tier II Bonds (Rs 2530.60 crore) - CARE A+ (Credit Watch withdeveloping Implications) (Revised from CARE AA-; Negative)

Tier II Bonds (Basel III) (Rs 8900 crore) - CARE A+ (Credit Watch withdeveloping Implications) (Revised from CARE AA-; Negative)

Additional Tier I Bonds (Basel III) (Rs 3600 crore) - CARE BBB+ (Credit Watch with developing Implications) (Revised from CARE A-; Negative)

Upper Tier II Bonds (Rs 904.10 crore) - CARE A (Credit Watch with developing Implications) (Revised from CARE A+; Negative)

Perpetual Bonds (Basel II) (Rs 82 crore) - CARE A (Credit Watch with developing Implications) (Revised from CARE A+; Negative)

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