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Disclosure under Reg 30 of SEBI (LODR) Reg, 2015

24th Nov 2022 08:32

RNS Number : 4871H
Axis Bank Limited
24 November 2022
 

AXIS/CO/CS/412/2022-23

 

November 24, 2022

 

Dear Sir(s),

 

Sub: Disclosure under regulation 30 read with para A of part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended

 

This is to inform you that Axis Bank Limited (the "Bank") has entered into an agreement on November 23, 2022 in relation to an initial investment in the seed equity capital of the proposed Joint Venture (JV) of Indian Oil Corporation Limited (IOCL) and Chennai Petroleum Corporation Limited (CPCL) ("Target entity") (to be incorporated).

 

The information pursuant to Regulation 30 read with para A of part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, is attached as Annexure A.

 

This is for your information and records.

 

Thanking You.

 

With warm regards,

 

For Axis Bank Limited

 

 

 

 

Sandeep Poddar

Company Secretary

 

Encl.: As above

 

 http://www.rns-pdf.londonstockexchange.com/rns/4871H_1-2022-11-24.pdf

 

 

 

 

 

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