AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 1,08,398 equity shares of Rs. 2/- each of the Bank on November 1, 2021, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 613,36,46,278 (306,68,23,139 equity shares of Rs. 2/- each) to Rs. 613,38,63,074 (306,69,31,537 equity shares of Rs. 2/- each).
Buy Axis Bank; target of Rs 970: ICICI Direct
ICICI Direct is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 970 in its research report dated October 27, 2021. AXIS Bank Ltd - 532215 - Re-Designation Of Shri Rajiv Anand As Deputy Managing Director Of The Bank
This is to inform you that the Board of Directors of the Bank at its Meeting held today has re-designated Shri Rajiv Anand, Executive Director (Wholesale Banking) as the Deputy Managing Director of the Bank, on the existing terms and conditions, including remuneration, in terms of the relevant provisions of the Companies Act, 2013 read with the relevant Rules made thereunder, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the applicable provisions of the Banking Regulation Act, 1949, and the rules, guidelines and circulars issued by the Reserve Bank of India, in this regard, from time to time. The said re-designation is subject to the approval of the Reserve Bank of India and the Shareholders of the Bank and will be effective from such date as may be approved by the Reserve Bank of India. The brief profile of Shri Rajiv Anand is enclosed herewith.
Axis Bank shares plunge over 3%. Should you buy post Q2 results? What brokerages say
Axis Bank's asset quality was steady as gross NPA declined sequentially to 3.53% in the second quarter
Earnings Call for Q2FY22 of Axis Bank
Conference Call with Axis Bank Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript. AXIS BANK LTD. - 532215 - DISCLOSURE OF RELATED PARTY TRANSACTIONS ON CONSOLIDATED BASIS FOR THE HALF YEAR ENDED SEPTEMBER 30, 2021.
Pursuant to the Regulation 23 (9) of SEBI Listing Regulations, please find attach herewith the disclosure of Related Party Transactions, on consolidated basis, in the format specified, in the relevant accounting standards, for the half year ended September 30, 2021. You are requested to take note of above and arrange to bring it to the notice of all concerned. Q2FY22 Quarterly Result Announced for Axis Bank Ltd.
Highlights Axis Bank reports all time high quarterly profit of Rs 3,133 crores in Q2FY22, up 86% YOY Strong CASA and fee performance, accelerating loan growth in focus segments, limited restructuring, improving asset quality, resilient balance sheet On QAB basis: SA grew 23% YOY & 5% QOQ, CA grew 18% YOY & 3% QOQ, CASA up 21% YOY & 5% QOQ Fees up 17% YOY and 21% QOQ, Retail loan disbursements up 54% YOY and QOQ Retail loans up 16% YOY & 4% QOQ, SME loans up 18% YOY & 7% QOQ. Mid-corporate book grew 32% YOY & 10% QOQ Limited restructuring at 0.64% of GCA, GNPA% at 3.53% declined by 75 bps YOY* and 32 bps QoQ Net slippages ratio at 0.46%, credit cost at 0.54% Total CRAR (incl. H1FY22 profit) at 20.04% with CET1 of 15.81%, covid provisions not utilised, SACR^ at 2.11% One Axis: Domestic subsidiaries gained market share, delivered strong PAT of Rs 267 crores, YOY growth of 38% Market share in UPI and Mobile banking stood at 15% & 14%, respectively, Credit card spends up 64% YOY & 34% QOQ Axis Bank MD & CEO, Amitabh Chaudhry said, “As a responsible financial institution and a large Bank, we have been persistently working towards an all-encompassing strategy, governance, and performance framework around ESG. On the business front we are seeing solid progress. We continue our focus on SMEs and mid-corporate segments, and on the retail side we see better disbursements and growth driven by secured products. We really hope to make the upcoming festivities special for our customers, with our ‘Dil Se Open Celebrations’ providing exciting deals and discounts across e-commerce platforms and local retailers.” Result PDF AXIS Bank Ltd - 532215 - UNAUDITED FINANCIAL RESULTS OF THE BANK, FOR THE QUARTER AND HALF YEAR ENDED AS ON SEPTEMBER 30, 2021.
This is to inform you that at the meeting of the Board of Directors of the Bank held today viz. Tuesday, October 26, 2021, the Board has reviewed and approved the Unaudited Standalone Financial Results of the Bank and Unaudited Consolidated Financial Results for the quarter and half year ended as on September 30, 2021 which were subjected to a Limited Review by the Joint Statutory Auditors of the Bank and reviewed by the Audit Committee of the Board at its meeting held earlier during the day and recommended for the approval of the Board. Please note that the said Board meeting commenced at 1.30 p.m. and the said Financial Results, for the quarter and half year ended as on September 30, 2021, were reviewed and approved by the Board at 4.18 p.m. Accordingly, we enclose herewith the said Financial Results, the Limited Review Report issued by the Joint Statutory Auditors, the Press Release and the Earnings Presentation for the quarter and half year ended as on September 30, 2021. AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 28,342 equity shares of Rs. 2/- each of the Bank on October 25, 2021, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 613,35,89,594 (306,67,94,797 equity shares of Rs. 2/- each) to Rs. 613,36,46,278 (306,68,23,139 equity shares of Rs. 2/- each). AXIS BANK LTD. - 532215 - APPROVAL OF GRANT OF STOCK OPTIONS BY THE NOMINATION AND REMUNERATION COMMITTEE OF THE BOARD OF DIRECTORS OF AXIS BANK LIMITED ('THE BANK') ON OCTOBER 21, 2021.
This is to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Bank ('NRC') has today approved the grant of 285,000 stock options convertible into 285,000 equity shares of Rs. 2/- each of the Bank at a price of Rs. 804.80/- per equity share of Rs. 2/- each, being the latest available closing price prevailing on the National Stock Exchange of India Limited on Wednesday, October 20, 2021 i.e. the previous trading day immediately preceding the date on which the grant was approved by the NRC, to the eligible employee of the Bank, in terms of the Employee Stock Option Scheme of the Bank - XXIX formulated and adopted by the Bank, in terms of the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The said stock options carry the right to apply for and be allotted 1 (one) equity share of face value of Rs. 2/- each of the Bank, the general terms and conditions of the said grant are mentioned in the attached letter.