Request from Promoter for re-classification
1st June 2021
SUB.: INTIMATION OF RECEIPT OF A REQUEST LETTER FROM ONE OF THE PROMOTER OF THE BANK
FOR RE-CLASSIFICATION TO "PUBLIC" CATEGORY FROM "PROMOTER" CATEGORY.
REF.: REGULATION 30 AND 31AOF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS")
This is to inform you that the Bank has today i.e.on1st June, 2021 received a request letter dated 1st June 2021,from General Insurance Corporation of India ("GIC"), one of the Promoters of the Bank, to reclassify GICto "Public" category from "Promoter" category, in accordance with Regulation 31A of the Listing Regulations.
The aforesaid request for re-classification will be tabled at the ensuing meeting of the Board of Directors of the Bank and all necessary steps will be undertaken in accordance with Regulation 31A of the Listing Regulations.
You are requested to take the above on record and bring this to the notice of all concerned.
For Axis Bank Limited
Girish V. Koliyote