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