Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, The Karur Vysya Bank has informed that the Reserve Bank of India (‘RBI’) vide its letter dated September 20, 2023, has accorded its approval to HDFC Asset Management Company for acquiring aggregate holding of up to 9.5% of the paid-up share capital or voting rights of the bank. The approval has been granted with reference to the application made by HDFC AMC to RBI.
The above information is a part of company’s filings submitted to BSE.