Symbol AXISBANK
Company Axis Bank Limited
Industry Banks

Broadcast Date/Time 11-Feb-2019 18:51
Subject Offer For Sale-Stock Exchange Mechanism
Announcement The Specified undertaking of the Unit trust of India has submitted to the Exchange, an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto??50,759,949(1.98%) equity shares of face value of Rs. 2 each of the Company (??Base Offer Size??), with an option to additionally sell ??26,337,187 ??(1.02%) equity shares of the Company (the ??Oversubscription Option?? and in event the Oversubscription Option is exercised, the equity shares forming part of the Base Offer Size and the Oversubscription Option will, collectively, hereinafter be referred to as ??Offer Shares??.??????????Date and time of the opening of the offer for Non-Retail Investors:??February 12, 2019 9:15 a.m.??????Date and time of the closing of the offer for Non-Retail Investors: February 12, 2019 at 3:30 p.m.??????Date and time of the opening of the offer for Retail Investors: February?? 13, 2019 at 9:15 a.m.??????Date and time of the closing of the offer for Retail Investors: February?? 13, 2019 at 3:30 p.m.????The Sale shall continue to take place on a separate window of the Stock Exchanges on T +1 day, commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be Rs. 689.52 /- (Six Hundred Eighty Nine rupees and Fifty two Paisa) per equity share.??
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