The Bank has made the following announcement to the Indian stock exchanges.

Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, we wish to inform you that the Board at its Meeting held on March 12, 2020 accorded approval for an equity investment of up to ` 10.00 billion in equity shares of Yes Bank Limited, comprising up to 1.00 billion equity shares at a price of ` 10.0 per share, under the proposed Scheme of Reconstruction of Yes Bank Limited under the Banking Regulation Act, 1949, subject to regulatory and government approval. This investment is likely to result in ICICI Bank Limited holding in excess of 5.0% shareholding in Yes Bank Limited, with the final shareholding to be determined based on the final Scheme of Reconstruction and share issuance thereunder. Attached is the disclosure with respect to the Bank s proposed investment in equity shares of Yes Bank Limited.

You are requested to please take the above on record.

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SGX - Singapore Exchange Limited published this content on 13 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2020 12:48:14 UTC