REG - Axis Bank Ltd - Update on acquisition of business undertakings

Axis BankAnnouncement

01/03/2023 11:30

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RNS Number : 5329R  Axis Bank Limited  01 March 2023

AXIS/CO/CS/582/2022-23

 

March 1, 2023

 

Dear Sir(s),

 

Sub.: Update on acquisition of business undertakings- Press release and
presentation

 

We refer to our letter no. AXIS/CO/CS/580/2022-23 dated March 1, 2023
intimating regarding acquisition of the Citibank's India Consumer Business
from Citibank N.A. (acting through its branch in India) and the NBFC Consumer
Business from Citicorp Finance (India) Limited.

 

In this regard, we wish to inform you that the purchase consideration has been
settled. Further, the press release and presentation are also enclosed.

 

This is for your information and records.

 

Thanking You.

 

With warm regards,

 

For Axis Bank Limited

Sandeep Poddar

Company Secretary

http://www.rns-pdf.londonstockexchange.com/rns/5329R_1-2023-3-1.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5329R_1-2023-3-1.pdf)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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