Axis Bank: Welcome caution in troubled times
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AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 94,675 equity shares of Rs. 2/- each of the Bank on 28th April 2020, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 564,36,69,668 (282,18,34,834 equity shares of Rs. 2/- each) to Rs. 564,38,59,018 (282,19,29,509 equity shares of Rs. 2/- each). You are requested to take the above on record.28-04-2020
AXIS BANK LTD. - 532215 - Clarifies on News item
With reference to news appeared in economictimes.indiatimes.com/ dated April 28, 2020 quoting "Axis Bank to acquire 30% of Max Life for Rs.1,600 crore", AXIS Bank Ltd has submitted to BSE a copy of Clarification is enclosed.28-04-2020
Axis Bank board approves plan to raise Rs 35,000 cr
The bank will seek the approval of the shareholders in its 26th Annual General Meeting.28-04-2020
AXIS BANK LTD. - 532215 - OUTCOME OF 206TH BOARD MEETING OF AXIS BANK LIMITED HELD ON 28Th APRIL 2020
This is to inform you that at the 206th meeting of the Board of Directors of the Bank (the "Board") held today, the Board has authorised the Bank to borrow/ raise funds in Indian Currency / Foreign Currency by issue of debt Instruments including but not limited long term bonds, non-convertible debentures, perpetual debt instruments and Tier II Capital Bonds or such other debt securities as may be permitted under RBI guidelines, from time to time, up to an amount of Rs. 35,000 crore (Rupees Thirty Five Thousand crore only), in terms of Section 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014, the SEBI (Issue and Listing of Debt Securities) Regulations, 2008 and the Listing Regulations, subject to the approval of the Shareholders of the Bank at the 26th Annual General Meeting of the Bank.28-04-2020
AXIS BANK LTD. -INVESTOR PRESENTATION AND AUDITED FINANCIAL RESULTS OF THE BANK, FOR THE QUARTER / FINANCIAL YEAR ENDED 31ST MARCH 2020.
Investor Presentation and the Audited Standalone Financial Results of the Bank, for the Quarter/Financial Year ended 31st March 2020 and the Audited Consolidated Financial Results of Axis Bank Group for the Financial Year ended 31st March 2020 along with the Audit Report issued by the Statutory Auditors of the Bank.28-04-2020
AXIS BANK LTD. - 532215 - Clarification sought from AXIS Bank Ltd
The Exchange has sought clarification from AXIS Bank Ltd on April 28, 2020, with reference to news appeared in economictimes.indiatimes.com/ dated April 28, 2020 quoting "Axis Bank to acquire 30% of Max Life for Rs.1,600 crore"The reply is awaited.28-04-2020
AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Acquisition
This is with reference to our letter no. AXIS/CO/CS/981/2019-20 dated 20th February 2020 on 'Confidentiality and Exclusivity Agreement with Max Financial Service Limited'. We wish to inform you that the Board of Directors at its meeting held on Monday, 27th April 2020, has approved entering into an agreement with Max Financial Services Limited (MFSL) to acquire 29% stake in Max Life Insurance Company Limited. The Bank will acquire shares from Max Financial Services and will sign a Shareholders' Agreement and a Share Purchase Agreement in relation to the same. The said transaction is subject to satisfaction of conditions precedent, including receipt of regulatory approvals from Reserve Bank of India, Insurance Regulatory and Development Authority of India and Competition Commission of India, among others. The details as required under the Listing Regulations are provided in Annexure A. The press release in this regard is attached herewith.28-04-2020
Axis Bank board to consider proposal to raise funds
Our BureauPrivate sector lender Axis Bank is looking to raise funds through debt. The board of the private sector lender will be meeting from April 2724-04-2020