Yes Bank Clarifies Supreme Court Ruling on AT-1 Bonds

Yes Bank Ltd has issued a clarification regarding a news item about the Supreme Court's judgment on its Additional Tier-1 (AT-1) Bonds. The ruling pertains to the write-down of ₹8,415 crore AT-1 Bonds in March 2020. The bank detailed the sequence of events, including the initial write-down notification, subsequent writ petitions filed in the Bombay High Court, the High Court's decision to set aside the write-down, and the bank's appeal to the Supreme Court. The Supreme Court pronounced its judgment on October 15, 2026. Yes Bank is currently examining the final order and its implications, and will make further disclosures as required. The bank stated it is unaware of any other unannounced information that could explain recent trading activity.