Axis Bank Limited Disclosure Under Reg 30 of SEBI (LODR) Reg, 2015 (8301I)
09 August 2023 - 9:36PM
UK Regulatory
TIDMAXB TIDMAXBA
RNS Number : 8301I
Axis Bank Limited
09 August 2023
AXIS/CO/CS/252/2023-24
August 9, 2023
Dear Sir(s),
Sub.: Disclosure under Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
We wish to inform you that the Securities and Exchange Board of
India 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 issuances for which ATSL acted as a Trustee during the
period from March 2023 to June 2023.
The relevant information as per the format prescribed by SEBI
vide its circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated
July 13, 2023, is attached as an Annexure A.
This is for your information and records.
Thanking You.
With warm regards,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
http://www.rns-pdf.londonstockexchange.com/rns/8301I_1-2023-8-9.pdf
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