SMBC Group has increased its stake in YES Bank to 20% through an off-market transaction. The acquisition involves 6,271,235,194 shares, representing 19.75% of the total diluted share/voting capital. This move reflects SMBC Group’s continued confidence in YES Bank and its growth potential. The transaction was completed on September 17, 2025.
Stake Acquisition Details
Sumitomo Mitsui Banking Corporation (SMBC Group) has acquired 6,271,235,194 shares of YES Bank, increasing its stake to 20% of the bank’s total share capital. This acquisition represents 19.75% of the total diluted share/voting capital of YES Bank.
Transaction Overview
The acquisition was executed through an off-market sale. Before the acquisition, SMBC Group held no shares in YES Bank. The transaction was completed on September 17, 2025.
Post-Acquisition Holding
Following the acquisition, SMBC Group now holds 6,271,235,194 shares in YES Bank, maintaining a 20% stake. This represents 19.75% of the total diluted share/voting capital after the transaction.
Source: BSE
