Micromax birthed YU Televentures has been taking direct shots with tongue-in-cheek references at Mi India as part of its online promotion for its next handset. In the meantime, the existing owners of the Yureka handset raised a query against the anticipated Lollipop update.
YU support team's email response to many concluded that the Lollipop update for the Yureka can be expected in the first week of April. For Yureka, the Lollipop update would basically arrive packaged as the CyanogenMod 12S version.
Apparently, the CyanogenMod 12S update has been delayed for all supporting devices. Even OnePlus missed it along with the deadline for OxygenOS.
Thanks for the tip, Pankaj!