Announcement under Regulation 30 (LODR)-Dividend Updates
This is to inform you that after making mandatory appropriations to Statutory Reserve, Investment Reserve and Capital Reserve, no profits are available for distribution as dividend for the financial year ended 31 st March 2018. Accordingly, no dividend has been recommended by the Board of Directors for the year ended 31st March 2018. Financial Results For Mar 31, 2018
This is to inform you that at the meeting of the Board of Directors held on 26th April 2018, following items of business were transacted:- 1) Reviewed and approved the Audited Financial Results of the Bank, for the quarter/ financial year ended 31st March 2018 and the Audit Report issued by the Statutory Auditors of the Bank, in that regard, which were reviewed by the Audit Committee of the Board at its meeting held earlier during the day and recommended for the approval of the Board.... Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 4,61,250 equity shares of Rs. 2/- each 24.04.2018, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 513,41,78,372 (256,70,89,186 equity shares of Rs. 2/- each) to Rs. 513,51,00,872 (256,75,50,436 equity shares of Rs. 2/- each). You are requested to take the above on record.
Edelweiss, Kotak may buy Avantha's Rs4,300 crore debt
Axis Bank-led consortium is yet to take final call with both firms seeking a 50% haircut In hunt for MD and CEO, Axis Bank appoints global leadership advisory firm Egon Zehnder
Private sector lender Axis Bank on Friday said it has appointed global leadership advisory firm Egon Zehnder to appoint a new Managing Director and CE Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The Listing Regulation)
This is to inform you that the Board of Directors of the Bank has commenced the succession process to appoint a new Managing Director & CEO of the Bank. The Board has appointed Egon Zehnder, a global leadership advisory firm, to conduct the succession process and evaluate candidates for the said post. The Board will ensure that the said process will be completed before the end of Smt. Sharma's tenure and thus... AXIS Bank reply to clarification sought by the exchange
The Exchange had sought clarification from AXIS Bank Ltd with respect to news appearing indianexpress.com - April 17, 2018 titled "Rs 240-crore bank loan fraud: EOW files 6,000-page chargesheet"AXIS Bank Ltd response is enclosed. Clarification sought from AXIS Bank Ltd
The Exchange has sought clarification from AXIS Bank Ltd with respect to news article appearing on indianexpress.com - April 17, 2018 titled "Rs 240-crore bank loan fraud: EOW files 6,000-page chargesheet"The reply is awaited. Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 3,29,000 equity shares of Rs. 2/- each 16.04.2018, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 513,35,20,372 (256,67,60,186 equity shares of Rs. 2/- each) to Rs. 513,41,78,372 (256,70,89,186 equity shares of Rs. 2/- each). You are requested to take the above on record.