REG - Axis Bank Ltd - CONFIDENTIALITY AND EXCLUSIVITY ARRANGEMENT

Axis BankAnnouncement

20/02/2020 11:05

RNS Number : 6201D
Axis Bank Limited
20 February 2020
 


AXIS/CO/CS/981/2019-20
 
20th February 2020
 
Dear Sir(s),
 
SUB.:  CONFIDENTIALITY AND EXCLUSIVITY ARRANGEMENT WITH MAX FINANCIAL SERVICES LIMITED
REF: REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (THE LISTING REGULATION)
 
This is to inform you that Axis Bank Limited and Max Financial Services Limited have entered into a confidentiality and exclusivity arrangement to explore a long-term strategic partnership, subject to, inter alia, receipt of applicable regulatory approvals and corporate authorisations, satisfactory completion of due diligence, and execution of definitive documentations.  
 
In the event of satisfactory completion of the above requirements, the Bank shall submit the requisite information in accordance with the relevant provisions of Regulation 30 of the Listing Regulations.
 
A copy of the Press Release on the above is enclosed herewith, with a request to take the same on record and bring it to the notice of all concerned.
 
http://www.rns-pdf.londonstockexchange.com/rns/6201D_1-2020-2-20.pdf
 
Thanking You.
 
Yours sincerely,
For Axis Bank Limited
 
 
 
Girish V. Koliyote
Company Secretary
 
Encl.: as above
 
 
 
 




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