AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 2,890 equity shares of Rs. 2/- each of the Bank on 27th July 2020, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 564,40,49,168 (282,20,24,584 equity shares of Rs. 2/- each) to Rs. 564,40,54,948 (282,20,27,474 equity shares of Rs. 2/- each). AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Enclosed, please find the schedule of Analyst / Investor meeting / interactions held at Mumbai on 24th July 2020, in terms of the captioned subject.
Buy Axis Bank; target of Rs 530: ICICI Direct
ICICI Direct is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 530 in its research report dated July 22, 2020. AXIS BANK LTD. - 532215 - Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
This is with reference to our earlier disclosure letters AXIS/CO/CS/981/2019-20 dated February 20, 2020 and AXIS/CO/CS/36/2020-21 dated April 28, 2020 on execution of definitive agreements by Axis Bank Limited ('Axis Bank') with Max Financial Services Limited ('Company') for sale of 29% of the equity share capital of Max Life Insurance Company Limited ('Max Life'), a material subsidiary of the Company, to Axis Bank which will have the effect of Max Life becoming a 70:30 joint venture between the Company and Axis Bank after series of transactions. Earlier, Axis Bank and the Company had agreed to certain Value Creation Options and related rights. Based on correspondence from IRDAI received by the Company, Axis Bank and the Company have agreed to make some changes to the Value Creation Options and factor in some alternate mechanisms subject to regulatory approvals and as maybe permitted under applicable law. Market Movers: Axis Bank rallies, autos snap winning streak
Here is a lowdown on what happened in Wednesday's session. AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Change in Directorate
This is to inform you that the Board of Directors of the Bank has, at its meeting held today approved the appointment of Smt. Meena Ganesh as an Additional Independent Director of the Bank, with effect from 1st August 2020 and to hold office as such upto the date of the 27th Annual General Meeting of the Bank, in terms of Sections 149, 152 and 161 of the Companies Act, 2013 read with the Rules made thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The first term of Smt. Meena Ganesh as an Independent Director of the Bank, shall be for a period of 4 years with effect from 1st August 2020 up to 31st July 2024 (both days inclusive). During her tenure as an Independent Director of the Bank, Smt. Meena Ganesh shall not be liable to retire by rotation, in terms of Section 149(13) of the Companies Act, 2013. Buy Axis Bank; target of Rs 565: HDFC Securities
HDFC Securities is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 565 in its research report dated July 21, 2020. NPCI launches UPI AutoPay feature for payments
NPCI launches UPI AutoPay feature for paymentsMany organisations, including Axis Bank, Policybazaar, Razorpay, Timesprime, PayUIndia, among others will be providing the option of UPI AutoPay to its customers for recurring payments of subscriptions, monthly and yearly payments.
Axis Bank: Prudence comes to the fore
The strategic clarity on strengthening the balance sheet and adequate capital cushion should make Axis Bank a winner post the pandemic.
Earnings Call Transcript - Q1FY21 for Axis Bank
Conference Call with Axis Bank Management and Analysts on Q1FY21 Performance and Outlook. Listen to the full earnings transcript.