Axis Bank informs about general updates
Axis Bank has informed that the Bank has received speaking orders from the Employees Provident Fund Organization levying damages aggregating to Rs. 91,50,641 and interest aggregating to Rs. 47,34,743 under the Employees Provident Fund Act & Miscellaneous Provisions Act 1952. The relevant information is attached as Annexure. The Bank reviewed the matter and has submitted the requisite information at the earliest opportunity.
The above information is a part of company’s filings submitted to BSE.
