Reclassification of Promoter

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

Encl: a/a

CC: London Stock Exchange

        Singapore Stock Exchange

 

END