STOCKWATCH
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Private Sector Bank
Deals5 Jun 2025, 12:39 pm

Catalyst Trusteeship Releases Encumbrance Over 820 Million Yes Bank Shares

AI Summary

Catalyst Trusteeship Ltd, acting as the onshore security agent for lenders to CA Basque Investments, has released encumbrance over 820,000,000 equity shares of Yes Bank Limited. This release of encumbrance, which was previously created as a pledge, is treated as a disposal as per Regulation 29 (2) and 29 (4) of the Takeover Code. As of June 3, 2025, Nomura Singapore Limited independently holds approximately 0.02% shareholding in Yes Bank Limited.

Key Highlights

  • Catalyst Trusteeship releases encumbrance over 820 million Yes Bank shares.
  • Release of encumbrance treated as a disposal as per Regulation 29 (2) and 29 (4) of the Takeover Code.
  • Nomura Singapore Limited holds approximately 0.02% shareholding in Yes Bank Limited.
YESBANK
Private Sector Bank
YES BANK LTD.

Price Impact