Axis Bank Regs Regulatory News (AXB)

22 Mar 2006 13:29

UTI Bank Limited22 March 2006 UTB/CO/PJO/326/2005-06 March 22, 2006 ASE - 079-26308877Ahmedabad Stock Exchange Limited BSE - 022-2723121/2722037Kamdhenu Complex NSE - 022-26598237/38Nr. Panjara Pole NSDL - 022-24972993Ambawadi OTC - 022-22188012Ahmedabad - 380 015 CDSL - 022-22673199 Dear Sir, Kind Attn : Shri K. K. Mishra - Sr. General Manager (CS) SUB : ALLOTMENT OF 5,000 UNSECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES ONPRIVATE PLACEMENT BASIS AS TIER II CAPITAL OF UTI BANK This is to inform that the Board of Directors of the Bank has, today made theallotment of 5,000 Unsecured Redeemable Non-Convertible Debentures of Rs.10,00,000/- each aggregating to Rs. 500 crores (including green shoe option ofRs. 350 crores) on Private Placement basis as the Bank's Tier-II capital. TheDebentures are issued for a period of 87/120 months. You are requested to take the above on record. Yours faithfully, P. J. Oza Company Secretary C.C. to : Shri S. Golecha, Bombay Stock Exchange Limited, Mumbai Shri Hari K., National Stock Exchange of India, Mumbai Shri S. Gopalan, Vice President, NSDL, Mumbai Shri Ram Kumar, Manager, CDSL The Manager, Listing Dept., OTC Exchange of India, Mumbai This information is provided by RNS The company news service from the London Stock Exchange