Axis Bank to raise up to 4,175 cr via NCDs
Private sector lender Axis Bank on Thursday said it plans to raise up to 4,175 crore through the issuance of non-convertible debentures (NCDs) on a30-01-2020
30-01-2020
AXIS BANK LTD. - 532215 - ALLOTMENT OF SENIOR UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES (SERIES- 5) OF RS.10 LAKH EACH FOR CASH AT PAR AGGREGATING TO RS. 4,175 CRORE ON A PRIVATE PLACEMENT BASIS
Further to our letter dated 24th January 2020, relating to 'Prior Intimation Regarding Issue of Non-Convertible Debt Securities', we are pleased to inform that the Committee of Whole-time Directors of the Bank, today approved the allotment of 41,750 Senior Unsecured Redeemable Non-Convertible Debentures of the face value of Rs. 10 lakh each (Debentures), for cash, at par aggregating to Rs. 4,175 Crore at coupon rate of 7.65% p.a., on a private placement basis. The said Debentures is rated 'AAA/Stable' by CRISIL and 'AAA/Stable' by ICRA. The said Debentures will be listed on the Wholesale Debt Market segment of the BSE Limited and National Stock Exchange of India Limited. You are requested to take note of above and arrange to bring it to the notice of all concerned.30-01-2020
AXIS BANK LTD. - 532215 - ALLOTMENT OF SENIOR UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES (SERIES- 5) OF RS.10 LAKH EACH FOR CASH AT PAR AGGREGATING TO RS. 4,175 CRORE ON A PRIVATE PLACEMENT BASIS
Further to our letter dated 24th January 2020, relating to 'Prior Intimation Regarding Issue of Non-Convertible Debt Securities', we are pleased to inform that the Committee of Whole-time Directors of the Bank, today approved the allotment of 41,750 Senior Unsecured Redeemable Non-Convertible Debentures of the face value of Rs. 10 lakh each (Debentures), for cash, at par aggregating to Rs. 4,175 Crore at coupon rate of 7.65% p.a., on a private placement basis. The said Debentures is rated 'AAA/Stable' by CRISIL and 'AAA/Stable' by ICRA. The said Debentures will be listed on the Wholesale Debt Market segment of the BSE Limited and National Stock Exchange of India Limited. You are requested to take note of above and arrange to bring it to the notice of all concerned.30-01-2020
AXIS Bank Ltd - 532215 - ALLOTMENT OF SENIOR UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES (SERIES- 5) OF RS.10 LAKH EACH FOR CASH AT PAR AGGREGATING TO RS. 4,175 CRORE ON A PRIVATE PLACEMENT BASIS
Further to our letter dated 24th January 2020, relating to 'Prior Intimation Regarding Issue of Non-Convertible Debt Securities', we are pleased to inform that the Committee of Whole-time Directors of the Bank, today approved the allotment of 41,750 Senior Unsecured Redeemable Non-Convertible Debentures of the face value of Rs. 10 lakh each (Debentures), for cash, at par aggregating to Rs. 4,175 Crore at coupon rate of 7.65% p.a., on a private placement basis. The said Debentures is rated 'AAA/Stable' by CRISIL and 'AAA/Stable' by ICRA. The said Debentures will be listed on the Wholesale Debt Market segment of the BSE Limited and National Stock Exchange of India Limited. You are requested to take note of above and arrange to bring it to the notice of all concerned.30-01-2020
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 28th and 29th January 2020, in terms of the captioned subject. The same is being uploaded on the website of the Bank www.axisbank.com29-01-2020
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 27th and 28th January 2020, in terms of the captioned subject. The same is being uploaded on the website of the Bank www.axisbank.com28-01-2020
AXIS Bank Ltd - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 15,850 equity shares of Rs. 2/- each of the Bank on 28th January 2020, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 563,96,21,460 (281,98,10,730 equity shares of Rs. 2/- each) to Rs. 563,96,53,160 (281,98,26,580 equity shares of Rs. 2/- each). You are requested to take the above on record.28-01-2020
Buy Axis Bank target of Rs 882: Sharekhan
Sharekhan is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 882 in its research report dated January 22, 2019.28-01-2020
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 27th January 2020, in terms of the captioned subject. The same is being uploaded on the website of the Bank www.axisbank.com27-01-2020
Broker's call: Axis Bank (Add)
Centrum BrokingAxis Bank (Add)CMP: 737.3Target: 822Axis Bank's year-on-year overall loan growth was healthy at 15.8 per cent and continued to be le25-01-2020