20 Feb 2020 11:02
AXIS/CO/CS/981/2019-20
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20th February 2020
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Dear Sir(s),
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SUB.: CONFIDENTIALITY ANDΒ EXCLUSIVITY ARRANGEMENT WITH MAX FINANCIAL SERVICES LIMITED
REF: REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (THE LISTING REGULATION)
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This is to inform you that Axis Bank Limited and Max Financial Services Limited have entered into aΒ confidentiality andΒ exclusivity arrangement to explore a long-term strategicΒ partnership,Β subject to, inter alia, receipt of applicable regulatory approvalsΒ and corporate authorisations,Β satisfactory completion of due diligence,Β andΒ execution of definitive documentations.
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In the event of satisfactory completion of the above requirements, the Bank shall submit the requisite information in accordance with the relevant provisions of Regulation 30 of the Listing Regulations.
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A copy of the Press Release on the above is enclosed herewith, with a request to take the same on record and bring it to the notice of all concerned.
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http://www.rns-pdf.londonstockexchange.com/rns/6201D_1-2020-2-20.pdf
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Thanking You.
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Yours sincerely,
For Axis Bank Limited
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Girish V. Koliyote
Company Secretary
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Encl.: as above
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