FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For
the month of December, 2003
Commission File Number: 001-15002
ICICI
Bank Limited
(Translation of registrant’s name into English)
ICICI Bank Towers,
Bandra-Kurla Complex
Mumbai, India 400 051
(Address of principal executive office)
Indicate
by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.
| Form 20-F X | Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
| Yes | No X |
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
| Yes | No X |
Indicate by check mark whether by furnishing the information
contained in this Form, the Registrant is also thereby furnishing
the
information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934:
| Yes | No X |
If
“Yes” is marked, indicate below the file number assigned
to the registrant in
connection with Rule 12g 3-2(b): Not Applicable
Table of Contents
| Item | |
| 1. | Form 6k dated December 24, 2003 along with the Press Release. |
| 2. | A copy of the letter addressed to Vadodara Stock Exchange Limited. |
| 3. | Form ‘A’ |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
Dated: December 24, 2003
| For ICICI Bank Limited | ||
| By: | /s/ Nilesh Trivedi | |
| Name: Title: |
Nilesh
Trivedi Assistant Company Secretary |
 |
ICICI
Bank Ltd. |
|
| News Release | December 24, 2003 | |
| Temasek Holdings acquires 5.2% stake in ICICI Bank Temasek Holdings (Pte) Limited, a Singapore-based investment holding company, has as of December 22, 2003 acquired 5.2% of the paid-up equity capital of ICICI Bank Limited (NYSE: IBN) in the secondary markets through its affiliate Allamanda Investments Pte Limited (a foreign institutional investor registered with the Securities & Exchange Board of India). The acquisition of over 5% of the Bank’s equity capital has been approved by the Bank’s Board of Directors and Reserve Bank of India, as required by Reserve Bank of India regulations. About ICICI Bank ICICI Bank, India’s second-largest bank, provides a wide range of financial services to retail and corporate customers. ICICI Bank has a multi-channel access network including over 450 branches and 1,700 ATMs, call centers and the Internet (www.icicibank.com). ICICI Bank earned a profit after tax of Rs. 742 crore (US$ 163 million) for the six months ended September 30, 2003 and had total assets of Rs. 112,024 crore (US$ 24.6 billion) at that date. About Temasek Holdings Temasek Holdings is an investment holding company based in Singapore. Its sole shareholder is the Ministry of Finance, Singapore. Established in 1974, it holds and manages investments in companies which are involved in a wide range of business activities, from ports, shipping and logistics, to banking and financial services, airlines, telecoms and media, power and utilities, and rail. Many of these are leading comapnies in Singapore, including Singapore Airlines, Singapore Telecom, Singapore Technologies, Neptune Orient Lines-APL, PSA Corporation, DBS Bank and Singapore Power. The listed companies in the Temasek Group represent approximately 21% of the market capitalisation of the Singapore Exchange. For more information, please visit www.temasekholdings.com.sg. For further press queries please call contact Madhvendra Das at 91-22-2653 8252 or email: madhvendra.das@icicibank.com For investor queries please call Rakesh Jha at 91-22-2653 6157 or Anindya Banerjee at 91-22-2653 7131 or email at ir@icicibank.com 1 |
||
Nilesh
Trivedi
Assistant Company Secretary
December 24, 2003
Mr. Diahant Sagwarta
Officiating Executive Director
Vadodara Stock Exchange Limited
Fortune Towers
Sayajigunj
VADODARA 390 005
Dear Sir
Intimation about acquisition of shareholding in excess of 5% in ICICI Bank
I write with reference to Clause 7 of the SEBI (Substantial Acquisition of shares & Takeovers) Regulations, 1997 and Clause 13 of the SEBI (Prohibition of Insider Trading) Regulations, 1992 and enclose herewith the following intimations received from Allamanda Investments Pte Limited for acquiring more than 5% of the share capital of the Bank:
| 1. | Form A - SEBI (Prohibition of Insider Trading) Regulations: Clause 13(1); and |
| 2. | Disclosure under SEBI (Substantial Acquisition of shares & Takeovers) Regulations, 1997: Clause 7(1) |
A copy of the Press Release dated today is also attached.
Please take the above disclosures on record.
With regards,
Yours faithfully, |
CERTIFIED TRUE COPY |
| /s/ Nilesh Trivedi | /s/ Nilesh Trivedi |
| Nilesh Trivedi | Nilesh Trivedi |
| Assistant Company Secretary | |
| Encl | ICICI Bank Limited |
ALLAMANDA INVESTMENTS
PTE LTD
5th Floor, Anglo Mauritius House, Intendance
Street, Port Louis, Mauritius
Tel: (230) 202 4747 Fax: (23) 202 4760
Our ref:
Your ref:
Date: 24 December 2003
Mrs Kalpana Morparia
Executive Director, ICICI Bank
ICICI Bank Towers
Bandra-Kurla Complex
Mumbai 400 051
India
[Via Facsimile: +91 (22) 2653 1220]
Dear Mrs Morparia,
NOTIFICATION OF SHAREHOLDING
We wish to inform you that on 22 Dec 03, Allamanda Investments Private Limited has acquired a shareholding of more than 5% of ICICI Bank. In this regard, we enclose the following for your reference and necessary filing:-
| i) | Form A - SEBI Insider Trading Regulation 13(1); and | |
| ii) | SEBI Notification - SEBI Takeover Regulation 7(1). |
2 Plesae do not hesitate to contact Ms Lim Ming Pey on +65 6828 6676 or email her at mingpey@temasek.com.sg if you should require anything further.
3 Thank you.
Yours sincerely, |
CERTIFIED TRUE COPY |
| /s/ Tow Heng Tan | /s/ Nilesh Trivedi |
| Mr Tow Heng Tan | Nilesh Trivedi |
| Director | Assistant Company Secretary |
| DID: +65 6828 6633 | ICICI Bank Limited |
| Fax: +65 6828 6133 | |
| Email: httow@temasek.com.sg |
FORM A
Securities
and Exchange Board of India (Prohibition of Insider Trading) Regulations,
1992 (Regulation 13(1) and (6)
Regulation 13(1) – Details of acquisition of 5% or more shares
in a listed company
| Name
& address of shareholder with telephone number |
Shareholding prior to acquisition |
No.
and percentage of shares/voting rights acquired |
Date
of receipt of allotment/advice. Date of acquisition (specify) |
Date
of intimation to Company |
| Allamanda
Investments |
26,620,637
shares (4.33%) |
5,326,365
(0.87%) Voting rights acq’d - 0.67% |
Date
of Acquisition: |
24 Dec 2003 (Wed) |
| Mode
of acquisition (market purchase/ public/rights/ preferential offer etc. |
Shareholding subsequent to acquisition |
Trading member through whom the trade was executed with SEBI Registration No. of the TM | Exchange on which the trade was executed | Buy quantity | Buy value |
| Market Purchases | 31,947,002
shares |
ICICI
Securities Ltd [INB: 010773035] Citigroup Global Markets India Pvt Ltd [INB: 011141331] |
BSE BSE |
2,375,000 2,951,365 5,326,365 |
INR 1,502,034,930 |
DISCLOSURE
OF DETAILS OF ACQUISITION TO TARGET COMPANY AND STOCK EXCHANGES
WHERE THE SHARES OF THE TARGET COMPANY ARE LISTED, IN TERMS OF REGULATION
7(1)
| Name of the Target Company | ICICI Bank Limited | |
| Name of the acquirer and PAC with the acquirer | Allamanda Investments Pte Ltd | |
| Details of the acquisition as follows | Number | % w.r.t. total paid up capital of Target Company |
| (a) Shares/Voting rights (VR) before acquisition under consideration | 26,620,637 | 4.33% |
| (b) Shares/VR acquired | 5,326,365 | 0.87% |
| (c) Shares/VR after acquisition | 31,947,002 | 5.19% |
| Mode of acquisition (e.g. open market/public issue/rights issue/preferential allotment/inter se transfer etc.) | Open Market Purchases | |
| Date of acquisition of shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable | Date
of Acquisition: 22 Dec 2003 (Mon) |
|
| Paid up capital/total voting capital of the target company before the said acquisition | 615,028,193 | 100% |
| Paid up capital/total voting capital of the target company after the said acquisition | 615,028,193 | 100% |