YES Bank Limited Unaudited Financial Results QE December 31, 2022 (4698N)

TIDM16ER

RNS Number : 4698N

YES Bank Limited

21 January 2023

YBL/CS/2022-23/Int/028

January 21, 2023

 
 India International Exchange              The Singapore Exchange Securities 
  IFSC Limited                              Trading Limited 
  101 First Floor, Hiranandani Signature    2, Shenton Way #19-00 
  Tower,                                    SGX Centre 1, Singapore 068804 
  GIFT City IFSC - 382355, Gujarat, 
  India 
 The London Stock Exchange 
  10, Paternoster Square, 
  London, EC4M 7LS 
 

Dear Sir / Madam,

Sub.: Unaudited Financial Results of the Bank for the quarter and nine months ended December 31, 2022 - Indian Listing Regulations

In terms of Regulation 33 read with Regulation 52 of the Indian Listing Regulations and other applicable provisions, if any, the Board of Directors of the YES Bank Limited ("the Bank") in its meeting held on Saturday, January 21, 2023 have inter alia, considered and approved Un-a udited Standalone and Consolidated Financial Results of the Bank for the Quarter (Q3) and nine months ended on December 31, 2022 , together with line items as specified under Regulation 52(4) of the Listing Regulations .

Copies of the Un-audited Standalone and Consolidated Financial Results of the Bank for the Quarter (Q3) and nine months ended on December 31, 2022 along with the Limited Review Report of the Joint Statutory Auditors of the Bank, thereon are enclosed herewith for information and record.

Pursuant to Regulation 32 of the Listing Regulations, we confirm that the issue proceeds of preferential allotment of equity shares & share warrants on December 13, 2022, to the extent as received from the Investors have been utilized for the objects as stated in the Offer Letter and that there were no deviations in the use of the said proceeds. A Statement of deviation(s) or variation(s) in utilization of funds raised by the Bank for the quarter ended December 31, 2022 as reviewed by the Audit Committee of the Bank is enclosed herewith.

Pursuant to Regulation 52(7) of the Listing Regulations, we confirm that the issue proceeds of the non-convertible debt securities had been fully utilized and that there were no deviations in the use of the said proceeds from the objects stated in the Information Memorandum(s) / Disclosure Document(s).

Further, the Bank has no outstanding secured listed non-convertible debt securities as on December 31, 2022 and accordingly, the disclosure requirements in terms of Regulation 54 of the Listing Regulations is not applicable with respect to the extent and nature of security created & maintained and security cover available.

A Press Release and Investor Presentation on the Financial Results for the Quarter (Q3) and nine months ended December 31, 2022 are also enclosed herewith for appropriate dissemination.

http://www.rns-pdf.londonstockexchange.com/rns/4698N_1-2023-1-21.pdf

The above information is being hosted on the Bank's website www.yesbank.in in terms of Regulation 30 of the Listing Regulations, as amended.

This is for your information and appropriate dissemination.

Thanking you,

Yours faithfully,

For YES BANK LIMITED

Shivanand R. Shettigar

Company Secretary

Encl: A/a

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DOCFLFLELDILFIV

(END) Dow Jones Newswires

January 23, 2023 02:00 ET (07:00 GMT)