Axis Bank Limited Reclassification of Promoter (2814G)
July 17 2023 - 12:23PM
UK Regulatory
TIDMAXB TIDMAXBA
RNS Number : 2814G
Axis Bank Limited
17 July 2023
AXIS/CO/CS/208/2023-24
July 17, 2023
Dear Sir(s),
REF: REGULATION 30 AND 31A OF THE SEBI (LISTING OBLIGATIONS AND
DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING
REGULATIONS").
SUB.: RE-CLASSIFICATION OF THE ADMINISTRATOR OF THE SPECIFIED
UNDERTAKING OF THE UNIT TRUST OF INDIA TO "PUBLIC" CATEGORY FROM
"PROMOTER" CATEGORY.
This is in continuation of our letter no. AXIS/CO/CS/81/2023-24
dated May 4, 2023 with respect to submission of application to
National Stock Exchange of India Limited ("NSE") and BSE Limited
("BSE") for reclassification of "The Administrator of the Specified
Undertaking of the Unit Trust of India" ("SUUTI") from "Promoter"
to "Public" Category.
In this regard, we wish to inform you that NSE and BSE today
i.e. July 17, 2023, have granted their approval for the aforesaid
promoter reclassification request from "Promoter" to "Public
category" in accordance with Regulation 31A of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
Accordingly, SUUTI has ceased to be a promoter of Axis Bank
Limited. A copy of approval letter received from NSE and BSE is
enclosed for your reference.
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/2814G_1-2023-7-17.pdf
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