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Yes Bank informs about disclosure

20 Dec 2024 Evaluate

Yes Bank has informed that the Bank has received an Order pertaining to FY 2018-19 from the Goods and Services Tax (‘GST’) department, Karnataka on December 19, 2024 raising demand on certain issues along with interest and levy of a penalty of Rs. 1,54,150. This penalty has been imposed in accordance with Section 73 of the Central Goods and Services Tax Act, 2017 (“CGST Act”) and Karnataka Goods and Services Tax Act, 2017 (‘KGST Act’). Information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III and the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, on the above-mentioned penalty issue is enclosed as Annexure A. In compliance of Regulation 46 of the Listing Regulations, the information is being hosted on the Bank's website at www.yesbank.in.

The above information is a part of company’s filings submitted to BSE.

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