Last checked at 27 Apr 2021 13:00
AXIS/CO/CS/27/2021-22
27th April2021
Dear Sir(s),
SUB: AUDITED FINANCIAL RESULTS OF THE BANK, FOR THE QUARTER / FINANCIAL YEAR ENDED 31ST MARCH 2021
REF: REGULATIONS 30 AND 33 SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ('SEBI LISTING REGULATIONS')
This is to inform you that at the 214th meeting of the Board of Directors (the Board) of the Bank held today viz. 27th April 2021, inter alia,the following items of business were transacted by the Board:
AUDITED FINANCIAL RESULTS
1. Reviewed and approved the Audited Standalone Financial Results of the Bank, for the Quarter / Financial Year ended 31st March 2021 and the Audited Consolidated Financial Results for the Financial Year ended 31st March 2021 alongwith the Audit Report issued by the Statutory Auditors of the Bank, in that regard, subject to a review by the Audit Committee of the Board at its meeting held earlier during the day and which was recommended for the approval of the Board.
Please note that the said Board meeting commenced at 2.00 p.m. and the results were reviewed and approved by the Board at 4.15 p.m.
Accordingly, we enclose herewith the said Financial Results, the Auditor's Report, the Press Release and the Earnings Presentation for the Quarter / financial year ended 31st March 2021, which please note are being uploaded on the website of the Bank, in terms of the Listing Regulations.
Please find below link of said results of the Bank for the Quarter / financial year ended 31st March 2021.
Further, please note that the Bank has scheduled conference calls with the Analysts/ Media today at 6.00 p.m. on the said financial results.
BORROWING POWERS
2. Authorized the Bank to borrow/ raise funds in Indian Currency / Foreign Currency by issue of debt Instruments including but not limited long term bonds, non-convertible debentures, perpetual debt instruments, AT 1 Bonds, Infrastructure Bonds and Tier II Capital Bonds or such other debt securities as may be permitted under RBI guidelines from time to time upto an amount of Rs.35,000 crores (Rupees Thirty Five Thousand crores only) in terms of Section 42 of the Companies Act, 2013 read with relevant Rules made thereunder, the SEBI (Issue and Listing of Debt Securities) Regulations, 2008 and the Listing Regulations, subject to the approval of the Shareholders of the Bank at the 27th Annual General Meeting of the Bank.
Also, please note that the restricted trading window (blackout period) which has been in-force since Monday, 22ndMarch 2021in respect of the said financial results, will end at the close of business hours on Thursday, 29thApril 2021 (both days inclusive), consequently, the Trading window will commence from Friday 30th April 2021 and continue up to Sunday, 20th June 2021 (both days inclusive), in terms of the Share Dealing Code - October 2020, formulated and adopted by the Bank, under the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended.
You are requested to kindly take note of above and arrange to bring it to the notice of all concerned.http://www.rns-pdf.londonstockexchange.com/rns/7497W_1-2021-4-27.pdf
ThankingYou.
Yours Sincerely,
For Axis Bank Limited
Girish V. Koliyote
Company Secretary
Encl.: As above.