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YES Bank Limited - Directorate Change

Tue, 20th Nov 2018 07:00

RNS Number : 8723H
YES Bank Limited
20 November 2018
 

November 20, 2018

 

India International Exchange IFSC Limited

101 First Floor, Hiranandani Signature Tower,

GIFT City IFSC - 382355, Gujarat, India

The Singapore Exchange Securities Trading Limited

2, Shenton Way #19-00

SGX Centre 1, Singapore 068804

 

The London Stock Exchange

10, Patemoster Square,

London, EC4M 7LS

 

 

 

Dear Sirs,

 

Sub.:   Disclosure under Indian Listing Regulations

 

We would like to inform you that Mr. Rentala Chandrashekhar, Non-Executive, Independent Director has tendered his resignation from the Board of Directors of YES BANK on November 19, 2018 with immediate effect.

 

The press release in this regard is attached herewith.

 

Kindly take note of the above.

 

The announcements made by the Bank can also be accessed at its website www.yesbank.in.

 

Thanking you,

 

Yours faithfully,

For YES BANK LIMITED

 

 

 

Shivanand R. Shettigar

Company Secretary

[

 

 

Encl: As above

 

   

PRESS RELEASE

 

Mumbai, November 19, 2018

 

 

YES BANK announces the resignation of Shri Rentala Chandrashekhar

from its Board of Directors

 

YES BANK announces that Shri Rentala Chandrashekhar, Independent Director has tendered his resignation from the Bank's Board, with immediate effect, due to personal reasons.

 

The Nomination & Remuneration Committee ('N&RC') of the Bank will look for a suitable replacement in the field of Information Technology and Cyber Security in terms of applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Companies Act, 2013 and Banking Regulation Act, 1949.

 

 

About YES BANK

 

YES BANK, India's fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.

 

YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.

 

YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals' Bank of India with the long term mission of "BUILDING THE FINEST QUALITY LARGE BANK OF THE WORLD IN INDIA".

For media queries, please contact:

 

 

YES BANK                                                                           

Amit Shah                                                                                 Swati Singh

Mob: +91 900448 5552                                                             Mob: +91 9874560033

Email: amit.shah1@yesbank.in                                              Email: swati.singh6@yesbank.in

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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