Published on : 25 Sep 2025, 8:29 am 1 min read

CA Basque Investments, an affiliate of Carlyle, has sold its entire shareholding (4.22% stake) in Yes Bank Limited to Sumitomo Mitsui Banking Corporation for approximately $349 million.

JSA Advocates & Solicitors advised Sumitomo Mitsui Banking Corporation on this transaction.

The transaction team was led by Vikram Raghani (Lead Partner), along with Birbahadur Sachar (Partner), Vaishnavi Vyas (Senior Associate), Pranjal Shorey (Associate), Rashika Sharda (Associate), and Niki Shah (Company Secretary).

The competition team was headed by Nisha Kaur Uberoi ( Partner and Chair, Competition Law), supported by Shambhvi Sinha (Principal Associate), Keerthana Kesavan (Associate), and Neelanjana Ghosh (Associate).

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