Axis Bank stock falls nearly 7% after Q1 earnings fail to meet expectations
The share price of the country's third-largest private lender Axis Bank fell in the early trade on Wednesday despite decent earning figures as the bank failed to meet market estimates due to higher provisioning and slippages. Axis Bank net profit improves in Q1, but asset quality still a concern
It is taking proactive steps to address potential stress, though net NPA at 2.04% hasn't changed much sequentially AXIS Bank Ltd - 532215 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Enclosed, please find a copy of letter received from Karvy Fintech Pvt. Ltd., Registrar and Share Transfer Agent of the Bank, in relation to receipt of documents by them for issue of duplicate share certificate of the Bank. 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 29Th July 2019.
This is to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Bank (NRC) on 29th July 2019 approved the grant of 90,000 stock options convertible into 90,000 equity shares of Rs. 2/- each of the Bank at a price of Rs. 729.85/- per equity share of Rs. 2/- each, being the latest available closing price prevailing on the National Stock Exchange of India Limited (NSE) on Friday, 26th July 2019 i.e. the previous trading day immediately preceding the date on which the grant was approved by the NRC, to the some of the eligible employees of the Bank, in terms of the Employee Stock Option Scheme of the Bank - XXIII formulated and adopted by the Bank, in terms of the provisions of the SEBI (Share Based Employee Benefits) Regulations, 2014. AXIS BANK LTD. - 532215 - Unaudited Financial Result Of The Bank, For The Quarter Ended 30Th June 2019.
This is to inform you that, at the meeting of the Board of Directors of the Bank held today, the Board has reviewed and approved the Unaudited Financial Results of the Bank and the Unaudited Consolidated Financial Results, for the Quarter ended 30th June 2019, which was subjected to a Limited Review by the Statutory Auditors of the Bank. We enclose herewith the said Financial Results, the Limited Review Report issued by the Statutory Auditors of the Bank, the Press Release and the Earnings Presentation for the quarter ended 30th June 2019, which please note are being uploaded on the website of the Bank, in terms of the Listing Regulations. AXIS Bank Ltd - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 44,515 equity shares of Rs. 2/- each of the Bank on 29th July 2019, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 523,95,09,576 (261,97,54,788 equity shares of Rs. 2/- each) to Rs. 523,95,98,606 (261,97,99,303 equity shares of Rs. 2/- each). You are requested to take the above on record. Axis will raise money when mkt is right: CEO
When the market is willing to support us, we will go and raise it in the next 12 months. AXIS Bank Ltd - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 41,050 equity shares of Rs. 2/- each of the Bank on 22nd July 2019, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 523,94,27,476 (261,97,13,738 equity shares of Rs. 2/- each) to Rs. 523,95,09,576 (261,97,54,788 equity shares of Rs. 2/- each). You are requested to take the above on record. AXIS Bank Ltd - 532215 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
AXIS Bank Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here AXIS BANK LTD. - 532215 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Enclosed, please find a copy of Postal Ballot Notice dated 20th July 2019 together with the Explanatory Statement thereto, seeking approval of the Members of the Bank through Postal Ballot, including e-voting, for the following Special Resolution: (1) Raising of funds through issue of equity shares/ depository receipts and/or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares including through Qualified Institutions Placement / American Depository Receipts /Global Depository Receipts or such other permissible mode or combinations thereof. The copy of said Postal Ballot Notice is being uploaded on the website of the Bank www.axisbank.com. Please note that the Results of Postal Ballot will be declared not later than 48 hours of conclusion of voting through Postal Ballot and e-voting i.e. on or before Friday, 23rd August 2019.