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REG - YES Bank Limited - Unaudited Financial Results QE December 31, 2022

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RNS Number : 4698N  YES Bank Limited  21 January 2023

YBL/CS/2022-23/Int/028

 

January 21, 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.: 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-audited 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
(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
(http://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

 

 

 

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