Business Standard

Thursday, January 09, 2025 | 11:33 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Axis Bank Board to mull on fund raising

Image

Capital Market

On 20 July 2019

Axis Bank announced that the Board of Directors of the Bank will meet on 20 July 2019 to inter alia, 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.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 11 2019 | 9:34 AM IST

Explore News