Axis Bank Limited Disclosure under Reg 30 of SEBI (LODR) Reg. 2015 (3172M)
13 Settembre 2023 - 11:07AM
UK Regulatory
TIDMAXB TIDMAXBA
RNS Number : 3172M
Axis Bank Limited
13 September 2023
AXIS/CO/CS/305/2023-24
September 13, 2023
Dear Sir(s),
Sub.: Disclosure under Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
This is in continuation to our letter no. AXIS/CO/CS/252/2023-24
dated August 9, 2023, wherein we had informed that that the
Securities and Exchange Board of India ("SEBI") vide its letter
dated August 8, 2023 has issued an Administrative warning to Axis
Trustee Services Limited ("ATSL"), wholly owned subsidiary of the
Bank, for non-compliance of Regulation 18(6A) of the SEBI (Issue
and Listing of Non-convertible Securities) Regulations, 2021 in
respect of four Non-convertible Debenture ("NCD") issuances for
which ATSL acted as a Trustee during the period from March 2023 to
June 2023.
We would like to now inform you that based on the representation
made by Axis Trustee Services Limited, SEBI has vide its letter
dated September 12, 2023, recalled the administrative warning in
respect of three NCD issuances out of four aforementioned
issuances.
This is for your information and records.
Thanking You.
With warm regards,
For Axis Bank Limited
Puneet Sharma
Chief Financial Officer
CC: London Stock Exchange
Singapore Stock Exchange
http://www.rns-pdf.londonstockexchange.com/rns/3172M_1-2023-9-13.pdf
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