Yes Bank shares rise despite Carlyle Group offloads stake

On February 16, shares of Yes Bank saw a modest gain of 1.21 percent, reaching Rs 29.35 per share. This uptick followed news of Carlyle Group’s sale of a 1.35 percent stake in the bank, amounting to Rs 1,056 crore, through an open market transaction at an average price of Rs 27.1 apiece.

Bulk deal data revealed that the US-based group, via its affiliate CA Basque Investments, divested 39 crore shares in Yes Bank. CA Basque Investments, a special purpose vehicle owned by CA Marans Investments and managed by affiliates of The Carlyle Group, orchestrated the transaction.


Interestingly, Morgan Stanley Asia emerged as the buyer, acquiring 30 crore shares in Yes Bank at the same price, totaling a stake valued at Rs 830.08 crore.

As of 10:08 am, Yes Bank’s shares were trading 1.03% higher at ₹29.30, reflecting investor sentiment following this significant transaction.