Axis Bank has informed that a meeting of the Board of Directors (the Board) of Axis Bank (the Bank) will be held on Saturday, 20th July 2019 to explore the option of raising funds by issue of equity shares/ depository receipts and/or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares including through Qualified Institutions Placement (QIP)/ American Depository Receipts (ADRs)/Global Depository Receipts (GDRs) program, preferential allotment or such other permissible mode or combinations thereof as may be decided, subject to approval of the Shareholders of the Bank and receipt of other Regulatory / Statutory approvals at an appropriate time.
The above information is a part of company’s filings submitted to BSE.
