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Pin to quick picksAxis Bank Regs Regulatory News (AXB)

Share Price Information for Axis Bank Regs (AXB)

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News Clarification

9 Feb 2017 09:20

RNS Number : 4471W
Axis Bank Limited
09 February 2017
 

 

 

9th February, 2017

 

Dear Sir(s),

 

SUB: CLARIFICATION UNDER REGULATION 30 (11) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

 

REF: NEWS APPEARING IN MEDIA

 

This has reference to the news item appearing in certain sections of media about a possible merger between Kotak Mahindra Bank Limited and Axis Bank Limited.

 

We would like to clarify that the above report is baseless speculation.

 

We have given the following clarification to the media:-

 

"Axis is one of the strongest institution in the country with large customer franchise and we urge media to exercise extreme caution in dealing with such misinformation."

 

You are requested to take note of above and arrange to bring it to the notice of all concerned.

 

Thanking You.

 

Yours sincerely,

For Axis Bank Limited

 

 

 

Girish V. Koliyote

Company Secretary

 

Click on, or paste the following link into your web browser, to view the associated PDF document.http://www.rns-pdf.londonstockexchange.com/rns/4471W_-2017-2-9.pdf

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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