REG - Axis Bank Ltd - SUB-DIVISION OF EQUITY SHARES - RECORD DATE <Origin Href="QuoteRef">AXBK.NS</Origin>

Axis BankAnnouncement

06/09/2014 18:44

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RNS Number : 9925M
Axis Bank Limited
22 July 2014 
 
SUB-DIVISION OF EQUITY SHARES - AXIS BANK - FIXATION OF RECORD DATE 
 
Further to our announcement dated 2nd July, 2014 wherein it was informed that,
inter alia, the resolution relating to sub-division of equity shares of the
Bank proposed at the 20th Annual General Meeting of the Bank held on 27th
June, 2014 was passed with requisite majority, we now wish to inform that the
Bank has fixed 30th July, 2014 as the Record Date for the purpose of
ascertaining the eligible shareholders who would be entitled to receive 5
(Five) equity shares of nominal value of Rs.2/- each in lieu of 1 (One) equity
share of nominal value of Rs.10/- each of the Bank on Sub-division. 
 
Concurrently, the shareholders have also approved the revision in the ratio of
Bank's Global Depositary Receipts ("GDRs") to equity shares, due to the
sub-division of Equity Shares of the Bank, from the existing 'one GDR
representing one underlying equity shares of the Bank' to 'one GDR
representing five underlying equity shares of the Bank. You are requested to
take the above on record. 
 
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