Axis Bank Limited announced that the committee of whole-time directors of the bank has approved the allotment of 3,85,100 Fully Paid, Senior, Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debenture (Series -7) of face value INR 100,000 each (Debentures) at par aggregating to INR 38,510 million at a coupon rate of 7.64% p.a. payable annually, on a private placement basis. Tenure of the instrument - date of allotment and date of maturity: Tenure: 10 years; Date of allotment: March 7, 2024; Date of maturity: March 7, 2034. Coupon: 7.64% p.a.; Interest will be payable annually on March 7 each year till maturity of the Debentures; The Debentures are redeemable at par at the end of 10 years that is on March 7, 2034.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
1,115 INR | -1.21% | -4.37% | +1.11% |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+1.11% | 41.77B | |
+15.40% | 562B | |
+12.67% | 295B | |
+13.87% | 249B | |
+24.31% | 213B | |
+21.48% | 170B | |
+13.55% | 169B | |
+8.72% | 167B | |
+4.77% | 144B | |
-15.31% | 135B |
- Stock Market
- Equities
- AXISBANK Stock
- News Axis Bank Limited
- Axis Bank Limited Announces Allotment of Fully Paid, Senior, Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debenture