Key Event: Cessation of Executive Director
Dr. Rajan Pental (DIN: 08432870) has demitted the office of Executive Director of YES BANK LIMITED. The cessation became effective at the close of business hours on July 31, 2026. The reason for cessation is the completion of his tenure and superannuation.
Context and History
This event follows a prior disclosure made by the Bank via Letter No. YBL/CS/2025-26/179 dated January 21, 2026. That communication had intimated the receipt of approval from the Reserve Bank of India (RBI) for the reappointment of Dr. Rajan Pental as Executive Director for an extended tenure, which was from February 2, 2026, to July 31, 2026.
Regulatory Compliance and Annexure Details
The disclosure is made in compliance with Regulation 30 of the Listing Regulations and is further guided by SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The required information, as per Schedule III of the regulations, is provided in an enclosed Annexure A. The annexure specifies:
- Name: Dr. Rajan Pental (DIN: 08432870)
- Reason for change: Cessation due to superannuation and completion of tenure.
- Date of cessation: July 31, 2026
- Brief Profile: Not applicable (as it is a cessation, not an appointment)
- Disclosure of relationships between Directors: Not applicable
Management Commentary
The Bank has placed on record its appreciation and gratitude for the services rendered by Dr. Rajan Pental throughout his association with the Bank.
Dissemination and Website Hosting
The disclosed information has been submitted to both BSE Limited (Scrip Code: 532648) and the National Stock Exchange of India Limited (NSE Symbol: YESBANK). A weblink to the exchanges providing this information is being hosted on the Bank's website at www.yes.bank.in in accordance with the Listing Regulations.