# Nippon AMC gets Sebi nod for settlement in Yes Bank AT1 case — retained record

> Retained news record from news:india-et-markets.

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source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-10-23 01:11 ingested 2026-10-23 02:56

[original source ↗](https://economictimes.indiatimes.com/markets/stocks/news/nippon-amc-gets-sebi-nod-for-settlement-in-yes-bank-at1-case/articleshow/135131314.cms)

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The AMC said it has paid ₹96.8 crore towards the settlement, including ₹89.1 crore towards reversal of management fees earned on the investments, along with interest, and ₹7.7 crore towards settlement amounts for the company and certain officials. The final settlement order from Sebi is awaited.
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The company had received a show-cause notice from Sebi in August, 2024, alleging "non-compliance with certain securities laws" in relation to investments made by some of Nippon's schemes in Yes Bank's AT1 bonds.
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