General Announcement::Reclassification from Promoter to Public Category
October 12, 2021 at 09:02 am EDT
Share
AXIS/CO/CS/355/2021-22
12th October, 2021
The Chief Manager,
The Senior General Manager -
Listing & Compliance Department
Listing Department
National Stock Exchange of India Limited
BSE Limited
Exchange Plaza, 5th Floor
1st Floor, New Trading Ring,
Plot No. C/1, "G" Block
Rotunda Building
Bandra-Kurla Complex
P. J. Towers, Dalal Street
Bandra (E), Mumbai - 400 051
Fort, Mumbai - 400 001
NSE Symbol: AXISBANK
BSE Scrip Code : 532215
Dear Sir(s),
SUB.: RE-CLASSIFICATION TO "PUBLIC" CATEGORY FROM "PROMOTER" CATEGORY.
REF: REGULATION 30 AND 31A OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS").
This is in continuation of our letter no. AXIS/CO/CS/285/2021-22 dated 15th September, 2021 intimating of the consideration and approval of request received from The Oriental Insurance Company Limited ("OICL"), by the Board of Directors (the "Board") of the Axis Bank Limited ("Bank"), to reclassify OICL to "Public" category from "Promoter" category, subject to the approval of the Stock Exchanges.
We wish to inform you that the Bank has submitted the prescribed applications to BSE Limited and National Stock Exchange of India Limited on 12th October, 2021 in accordance with the relevant provisions of Regulation 31A of the Listing Regulations.
You are requested to take the above on record and bring this to the notice of all concerned.
Thanking You.
Yours sincerely,
For Axis Bank Limited
RAJESH KUMAR DAHIYA
Digitally signed by RAJESH KUMAR DAHIYA Date: 2021.10.12 16:46:13 +05'30'
Rajesh Dahiya
Executive Director (Corporate Centre)
AXIS BANK
Legal & CS: Axis House, Wadia International Centre, Pandurang Budhkar marg, Worli, Mumbai 400 025
Registered Address: "Trishul" - 3rd Floor, Opp. Samartheswar Temple, Near Law Garden, Ellisbridge,
Axis Bank Ltd. published this content on 12 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 October 2021 13:01:04 UTC.
Axis Bank is a banking group organized around 3 areas of activity:
- retail banking 42.3% of gross income);
- business banking (31.9%);
- treasury management (25.8%).
At the end of March 2018, the group managed EUR56.8 billion in current deposits and EUR56.1 billion in current credits.
Products and services are marketed through a network of 3,703 branches located in India.