201303 - Quarter 4
1. The figures of last quarter are the balancing figures between
audited figures in respect of the
full financial year and the published year to date figures upto the
end of third quarter of the
current financial year.
2. The Board of Directors has
recommended a dividend of `18 per
share (180%) for the year ended March 31, 2013 (previous year Rs. 16
per share (160%), subject to
the approval of the members at the ensuing Annual General
Meeting.
3. ‘Other income’
includes gains from securities transactions, commission earned from
guarantees/letters of credit,
fees earned from providing services to customers, selling of third
party products, ATM sharing
fees.
4. During the current quarter, the Bank raised
additional equity capital through a
Qualified Institutional Placement (QIP) of 34,000,000 shares and a
preferential allotment of
5,837,945 shares at a price of Rs. 1,390.00 per share. As a
consequence, the paid-up share capital
of the Bank has increased by Rs. 39.84 crores and the reserves of the
Bank have increased by Rs.
5,457.76 crores after charging of issue related expenses.
5.
During the current quarter, the
Bank acquired the entire share capital of Axis Finance Private Ltd.
(formerly Enam Finance Private
Ltd.) from Axis Capital Ltd., a wholly-owned subsidiary of the Bank
at a consideration of Rs. 90.40
crores.
6. During the year ended March 31, 2013, the Bank
allotted 2,822,571 equity shares
pursuant to the exercise of options under its Employee Stock Option
Scheme.
7. The above
results have been approved by the Board of Directors of the Bank at
its meeting held on April 24,
2013.
8. Previous period figures have been regrouped and
reclassified, where necessary, to
make them comparable with current period figures.
9. Previous
period figures have been
regrouped and reclassified, where necessary, to make them comparable
with current period
figures.
Shikha Sharma MD & CEO |