General Announcement

Axis Bank Limited

23 June 2026

 

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

 

END