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Update on acquisition of business undertakings

1st Mar 2023 11:16

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

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