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| Exchange Received Time 10/11/2017 16:42:17 Exchange Disseminated Time 10/11/2017 16:42:22 Time Taken 00:00:05 | This has reference to our letter AXIS/CO/CS/589/2017-18 dated 7th November 2017, wherein we had informed you that a meeting of the Board of Directors of the Bank will be convened on 10th November 2017, to consider raising of funds by issue of equity / equity linked securities through permissible mode at an appropriate time.
In this connection, we would like to inform that the Board of Directors of the Bank at its meeting held today has approved the raising of funds by issue of equity shares and convertible warrants on a preferential basis, in terms of Chapter VII of SEBI ICDR Regulations, 2009. The details are attached herewith. |
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