AXIS Bank Ltd approves Issue of Non Convertible Debt Securities

AXIS Bank Ltd proposes to raise funds by issuing Senior Unsecured Redeemable Non-Convertible Debentures (Series-3) of Rs.10 lakh each for cash at par aggregating to Rs. 5000 crore. The Board of Directors of the Bank will consider the proposal to issue and allot the above Securities through Circular Resolution.

Shares of AXIS BANK LTD. was last trading in BSE at Rs.535.35 as compared to the previous close of Rs. 532.3. The total number of shares traded during the day was 1259547 in over 10992 trades.

The stock hit an intraday high of Rs. 541.9 and intraday low of 529. The net turnover during the day was Rs. 675216918.

Source : Equity Bulls

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