Allotment of Equity Shares under ESOP
AXIS Bank Ltd has informed BSE that the Bank has allotted 2,76,030 equity shares of Rs. 2/- each on May 30, 2016, pursuant to exercise of options under its ESOP Scheme.The paid up share capital of the Bank will accordingly increase from Rs. 477,17,79,456 (238,58,89,728 equity shares of Rs. 2/- each) to Rs. 477,23,31,516 (238,61,65,758 equity shares of Rs. 2/- each). Schedule of Investor Meetings
AXIS Bank Ltd has informed BSE regarding the Schedule of Investor conference held in Mumbai on May 27, 2016. Outcome of Circular Resolution
With reference to the earlier letter dated May 25, 2016 relating to 'Prior Intimation Regarding Issue of Non Convertible Debt Securities', AXIS Bank Ltd has now informed BSE that the Board of Directors of the Bank vide its Resolution passed by Circulation on May 27, 2016 allotted 24,300 Unsecured Redeemable Non Convertible Subordinated Debentures of the face value of Rs. 10 lakh each for cash at par aggregating to Rs. 2430 crores, on a private placement... Intimation regarding issue of non convertible debt securities
AXIS Bank Ltd has informed BSE that the Bank proposes to raise funds by issuing Unsecured Redeemable Non-Convertible Subordinated Debenture (Basel- III Compliant Tier II Debenture Issue) of the face value of Rs. 10,00,000/- (Rupees Ten Lacs each) amounting to Rs. 2,000 crores plus green shoe option. The Board of Directors of the Bank will consider the proposal to issue and allot the above Securities through Circular Resolution. Incorporation of A.Treds Limited as a subsidiary company
AXIS Bank Ltd has informed BSE that the Bank has incorporated a Company, A.Treds Limited, which is registered with the Ministry of Corporate Affairs, Registrar of Companies, Mumbai, on May 23, 2016. The said Company is incorporated as a Subsidiary Company of the Bank.A.Treds Limited will inter-alia be engaged to undertake the business of setting up and operating a Trade Receivables Discounting System, as per the in-principal approval received from the Reserve Bank of India. Allotment of Equity Shares
AXIS Bank Ltd has informed BSE that the Bank has allotted 2,02,150 equity shares of Rs. 2/- each on May 23, 2016, pursuant to exercise of options under its ESOP Scheme.The paid up share capital of the Bank will accordingly increase from Rs. 477,13,75,156 (238,56,87,578 equity shares of Rs. 2/- each) to Rs. 477,17,79,456 (238,58,89,728 equity shares of Rs. 2/- each).
Axis Bank to raise $500 million through green bonds
Axis Bank would be the fifth issuer of green bonds ever since Yes Bank issued the first such bond in February 2015
LIC wants Axis Bank to sell its insurance policies
LIC, often accused of being a passive investor, is beginning to exploit its ownership to expand its own business which is becoming intensely competitive. AXIS Bank raises Senior Notes in the International Market
AXIS Bank Ltd has informed BSE that the Board of Directors of the Bank, on May 18, 2016, has passed a resolution approving the allotment of two Senior Notes aggregating to USD 10,000,000 (USD Ten Million only) each, under the MTN Programme through its Dubai International Financial Centre (DIFC) branch.