Yes Bank has informed that the Bank has received an Order-in-Appeal (O-I-A/ Order) pertaining to the period July 2017 to June 2018 from the Goods and Services Tax (GST) department, Maharashtra on June 05, 2026, passed by Commissioner (Appeals). The total demand including penalty is Rs 63,26,98,888 in relation to GST matter. The Order has been passed under Section 107(11) of the Central Goods and Services Tax Act, 2017 (CGST Act). Further, it is submitted that an Intimation on this issue was earlier made by the Bank to Stock Exchange(s) on November 23, 2024, upon receipt of Order-in-Original (O-I-O) passed by Joint Commissioner, CGST for same amount. The instant Intimation is an update to the earlier Intimation, and it is stated that no new / additional demand has been created on the Bank in impugned O-I-A, and it merely confirms the demand raised vide earlier O-I-O. 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. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, on the abovementioned Order is enclosed as Annexure A. The Bank will take appropriate steps, including contesting the Order through appeal within the prescribed timelines. The weblink of BSE Limited and National Stock Exchange of India Limited providing the above information is being hosted on the Bank’s website www.yes.bank.in pursuant to Listing Regulations, as amended.
The above information is a part of company’s filings submitted to BSE.
