StockWatch
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Private Sector Bank
Shareholding23 Apr 2026, 01:24 pm

Yes Bank: 8.49% shares encumbered by DB Trustees (Hong Kong) Ltd

AI Summary

DB Trustees (Hong Kong) Ltd, acting as an offshore security agent for lenders, has disclosed the creation of an indirect encumbrance on 2,664,580,360 equity shares of Yes Bank Limited. These shares, constituting 8.49% of Yes Bank's issued and paid-up share capital, are held by Verventa Holdings Ltd (VHL). The encumbrance was created by VHL's parent company, Verventa Midco Limited, in favor of DB Trustees (Hong Kong) Limited, effective April 17, 2026, as security for a facility agreement between VHL and certain lenders. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Before this, DB Trustees and its Persons Acting in Concert (PACs) held 0.04% voting rights, which increased to 8.53% after including the encumbered shares.

Key Highlights

  • DB Trustees (Hong Kong) Ltd disclosed an indirect encumbrance on Yes Bank shares.
  • 2,664,580,360 shares, representing 8.49% of Yes Bank, are encumbered.
  • The shares are held by Verventa Holdings Ltd; its parent created the charge.
  • Encumbrance serves as security for a facility agreement with lenders.
  • The creation of encumbrance was effective from April 17, 2026.