Disclosure under Reg 30 of SEBI (LODR) Reg. 2015

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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