Catalyst Trusteeship, acting as the Onshore Security Agent, has released the encumbrance on 1,323,958,760 equity shares of YES Bank on September 19, 2025. This release represents approximately 4.22% of the total share/voting capital of YES Bank. The shares were previously pledged by CA Basque Investments.
Significant Share Release
Catalyst Trusteeship Limited, acting as the Onshore Security Agent for lenders to CA Basque Investments, has announced the release of encumbrance on a substantial number of YES Bank shares. The official release date was September 19, 2025.
Details of Released Shares
The total number of equity shares released from pledge amounts to 1,323,958,760. This represents 4.22% of the total share/voting capital of YES Bank, reflecting a significant change in the encumbered holdings. This release is in accordance with regulatory guidelines pertaining to substantial acquisitions and takeovers.
Background of the Encumbrance
The shares were originally pledged by CA Basque Investments, a shareholder in YES Bank. The initial pledge involved 2,143,958,760 equity shares, constituting 6.84% of the issued share capital. This recent transaction reduces the number of shares under encumbrance.
Source: BSE
