YES BANK has disclosed the receipt of an aggregate amount of INR 210 crores from two separate trusts related to the Security Receipts Portfolio. These trusts originated from the earlier sale of an NPA Portfolio to JC Flower ARC, which was disclosed on December 17, 2022. Since the individual receipts exceeded the materiality threshold, the bank made this disclosure on March 31, 2026, ensuring compliance with disclosure requirements.
Key Disclosure on Asset Recovery
YES BANK Limited has issued a formal communication on March 31, 2026, regarding collections from the Security Receipts Portfolio associated with an earlier transaction. This relates to the sale of a Non-Performing Asset (NPA) Portfolio to JC Flower ARC, which was initially disclosed on December 17, 2022.
Aggregate Funds Received
The Bank has confirmed receipt of an aggregate amount totaling INR 210 crores. This amount was received from two distinct trusts within the Security Receipts portfolio, broken down as follows:
- Trust One: INR 110 crores
- Trust Two: INR 100 crores
Compliance and Materiality Threshold
The Bank has formalized this disclosure because the funds received in each of the two trusts individually—which represent amounts in excess of the underlying carrying value of the trust—exceeded the materiality threshold previously established under the relevant listing regulations. Therefore, the events are being disclosed under the applicable provisions of the Securities and Exchange Board of India regulations.
Company Attestation
The announcement was duly authorized and digitally signed by Sanjay Abhyankar, the Company Secretary, affirming the accuracy of the information provided to the stock exchanges.
Source: BSE
