Axis Bank Regs Regulatory News (AXB)

29 Jun 2006 07:31

UTI Bank Limited29 June 2006 UTB/AHD/PJO/288/2006-07 June 28, 2006 Ahmedabad Stock Exchange Limited First Floor, Kamdhenu Complex, Nr. Panjara Pole, Ahmedabad - 380 015 Dear Sir, Kind Attn : Shri K. K. Mishra - Sr. General Manager (CS) SUB : ALLOTMENT OF UNSECURED NON-CONVERTIBLE DEBENTURES - SR XI -TRANCHE -II- UTI BANK We are pleased to inform that the Board of Directors of the Bank has todayapproved the allotment of 1,384 Unsecured Non-Convertible Redeemable Debenturesof Rs. 10,00,000/- each aggregating to Rs. 138.40 crores (including green shoeoption of Rs. 38.40 crores) to various investors on the private placement basisas the Bank's Tier-II capital. The Debentures are issued for a period of 87/120months. You are requested to take the above on record. Yours faithfully, P. J. Oza Company Secretary & Vice President (Human Resources) C.C. to : Shri S. Miranda, Asst. General Manager, Bombay Stock Exchange Limited, Mumbai Shri Hari K, Asst. Vice President, National Stock Exchange of India, Mumbai Shri S. Gopalan, Vice President, National Securities Depository Ltd., Mumbai Shri Ram Kumar , Operations, Central Depository Services (India) Limited, Mumbai The London Stock Exchange, UK This information is provided by RNS The company news service from the London Stock Exchange