General Announcement
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THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL
AXIS/CO/CS/181/2026-27
June 23, 2026
|
National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, "G" Block Bandra-Kurla Complex Bandra (E), Mumbai - 400 051
NSE Symbol: AXISBANK |
BSE Limited P. J. Towers, Dalal Street Fort, Mumbai - 400 001
BSE Scrip Code: 532215 |
Dear Sir/Madam,
Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations")
In furtherance to our letter bearing reference number AXIS/CO/CS/493/2025-26 dated December 26, 2025, we wish to inform you that in relation to the existing Global Medium Term Notes ("GMTN") programme of Axis Bank Limited ("the Bank"), the Bank has completed the pricing of its issuance of USD denominated (i) Additional Tier 1 notes and (ii) Senior Notes (collectively "Notes" and such issuance the "Issue").
The details of the Notes are detailed below:
(i) Additional Tier 1 Notes
|
Particulars |
Details |
|
Type of instrument |
Additional Tier 1 under the Global Medium Term Note Programme in accordance with RBI Guidelines (as defined in the Offering Circular dated December 26, 2025 ("Offering Circular") |
|
Series number |
31 |
|
Tranche number |
1 |
|
Currency |
USD |
|
Aggregate nominal amount |
|
|
(i)Series |
USD 500,000,000 |
|
(ii)Tranche |
USD 500,000,000 |
|
Issue price |
100 per cent. of the Aggregate Nominal Amount |
|
Issue date |
June 30, 2026 |
|
Maturity date |
Not applicable |
|
Interest basis |
Fixed rate |
|
Coupon/interest offered, schedule of payment of coupon/interest and principal
|
6.875 per cent. per annum payable semi-annually in arrear on each Interest Payment Date (as defined in the in the Offering Circular) |
|
Use of proceeds |
As set out in the Offering Circular |
|
Listing |
Global Securities Market of the India International Exchange (IFSC) Limited ("India INX") and Debt Securities Market of the NSE IFSC Limited ("NSE IX") |
|
Method of distribution |
Syndicated |
|
Charge/security, if any, created over the assets |
NA |
|
Special right/interest/privileges attached to the instrument and changes thereof;
|
NIL |
|
Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal
|
NA |
|
Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if an
|
NA |
|
Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures |
NA |
(ii) Senior Notes
|
Particulars |
Details |
|
Type of instrument |
Senior Unsecured Fixed Rate Notes under the Global Medium Term Note Programme in accordance with RBI Guidelines (as defined in the Offering Circular) |
|
Series number |
10 |
|
Tranche number |
1 |
|
Currency |
USD |
|
Aggregate nominal amount |
|
|
(i)Series |
USD 300,000,000 |
|
(ii)Tranche |
USD 300,000,000 |
|
Issue price |
100 per cent. of the Aggregate Nominal Amount |
|
Issue date |
June 30, 2026 |
|
Maturity date |
June 30, 2031 |
|
Interest basis |
Fixed rate |
|
Coupon/interest offered, schedule of payment of coupon/interest and principal
|
5.348 per cent. per annum payable semi-annually in arrear on each Interest Payment Date (as defined in the in the Offering Circular) |
|
Use of proceeds |
As set out in the Offering Circular |
|
Listing |
Global Securities Market of the India International Exchange (IFSC) Limited ("India INX") and Debt Securities Market of the NSE IFSC Limited ("NSE IX") |
|
Method of distribution |
Syndicated |
|
Charge/security, if any, created over the assets |
NA |
|
Special right/interest/privileges attached to the instrument and changes thereof;
|
NIL |
|
Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal
|
NA |
|
Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any
|
NA |
|
Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures |
NA |
Further, we would also like to inform you that the Bank has also executed, inter alia, the Subscription Agreement with the Managers appointed for the Issue.
This is for information of all concerned in compliance with the applicable provisions of Listing Regulations.
This is for your information and records.
Thanking you,
Yours faithfully,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
CC: London Stock Exchange
Singapore Stock Exchange
DISCLAIMER:
The offering circular dated December 26, 2025 ("Offering Circular") and Pricing Supplement for the GMTN Programme has not been and will not be registered or filed or published as a prospectus or a statement in lieu of a prospectus with the Securities and Exchange Board of India, the relevant Registrar of Companies, or any other statutory or regulatory body of like nature in India in respect of a public offer or information memorandum, general information document, key information document or other offering material in respect of any private placement of securities under the Companies Act, 2013, as amended, and the rules thereunder or any other applicable Indian laws.
The Offering Circular and Pricing Supplement has not been and will not be reviewed or approved by any regulatory authority in India, including, but not limited to, the relevant Registrar of Companies, the Securities and Exchange Board of India, the Reserve Bank of India, or any recognised stock exchange in India. The Offering Circular is not and should not be construed as an advertisement, invitation, offer or sale of any securities to the public or any person resident in India.
The Notes have not been and will not be, offered or sold to any person resident in India.
The Notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state of the United States or any other jurisdiction and the Notes may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws.
http://www.rns-pdf.londonstockexchange.com/rns/4634J_1-2026-6-23.pdf
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