RCS - YES Bank Limited - Postal Ballot Notice
07/02/2023 15:45
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RNS Number : 2064P YES Bank Limited 07 February 2023
YBL/CS/2022-23/Int/030
February 07, 2023
India International Exchange IFSC Limited The Singapore Exchange Securities Trading Limited
101 First Floor, Hiranandani Signature Tower, 2, Shenton Way #19-00
GIFT City IFSC - 382355, Gujarat, India SGX Centre 1, Singapore 068804
The London Stock Exchange
10, Paternoster Square,
London, EC4M 7LS
Dear Sir / Madam,
Sub.: Postal Ballot Notice - Disclosure under the Indian Listing Regulations
Pursuant to the Indian Listing Regulations, we hereby submit the Postal Ballot
Notice along with the Explanatory Statement dated February 03, 2023
("Notice"), being sent to/published/displayed for all the Members of the Bank
whose names appear on the Register of Members/ List of Beneficial Owners as on
Friday, January 27, 2023 ("Cut-off date") seeking approval of Members on the
following items of special business, through remote e-voting system:
Sr. No. Particulars Type of Resolution
1. To take note of appointment of Mr. Rama Subramaniam Gandhi (DIN - 03341633) as Ordinary Resolution
Non-Executive Part-Time Chairman of the Bank and to approve payment of
remuneration.
2. To approve the appointment and Remuneration of Mr. Prashant Kumar (DIN - Ordinary Resolution
07562475) as Managing Director & Chief Executive Officer of the Bank for a
period of 3 years w.e.f. October 06, 2022 to October 05, 2025 and revised
remuneration for period from April 01, 2022 to July 15, 2022 as Managing
Director & Chief Executive Officer under "Yes Bank Limited Reconstruction
Scheme, 2020" and from July 16, 2022 to October 05, 2022 as Interim Managing
Director & Chief Executive Officer.
3. To approve appointment of Mr. Sunil Kaul (DIN: 05102910) as a Non-Executive Ordinary Resolution
Director.
4. To approve appointment of Ms. Shweta Jalan (DIN: 00291675) as a Non-Executive Ordinary Resolution
Director.
5. To approve appointment of Mr. Rajan Pental (DIN - 08432870) as a Director. Ordinary Resolution
6. To approve the appointment and remuneration of Mr. Rajan Pental (DIN - Ordinary Resolution
08432870) as an Executive Director of the Bank
In compliance with Ministry of Corporate Affairs General Circulars in relation
to extension of framework "Clarification on passing of ordinary and special
resolutions by companies under the Companies Act, 2013 and the rules made
thereunder on account of the threat posed by Covid - 19", and in relation to
extension of the framework provided in the aforementioned circulars up to
September 30, 2023, issued by the Ministry of Corporate Affairs, Government of
India, Indian Listing Regulations , the Notice is being sent only through
electronic mode to those Members whose e-mail addresses are registered with
the Bank/Depositories as on the Cut-off date. The communication of assent or
dissent of the Members would only take place through the remote e-voting
system.
The Bank has engaged the services of National Securities Depository Limited
("NSDL") to provide remote e-voting facility to its Members. The remote
e-voting period commences from Wednesday, February 8, 2023 at 10:00 A.M. and
ends on Thursday, March 9, 2023 at 5:00 P.M. The Postal Ballot results will be
submitted within 2 working days from conclusion of the e-voting period, to the
Stock Exchanges in accordance with the Listing Regulations.
The Notice is also being made available on the website of the Bank at
www.yesbank.in (http://www.yesbank.in) .
You are requested to take the same on records.
Thanking you,
Yours faithfully,
For YES BANK LIMITED
Shivanand R. Shettigar
Company Secretary
Encl: A/a
http://www.rns-pdf.londonstockexchange.com/rns/2064P_1-2023-2-7.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2064P_1-2023-2-7.pdf)
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