Grant of Stock Options

Summary by AI BETAClose X

Axis Bank Limited announced on January 14, 2026, that its Nomination and Remuneration Committee has granted 103,916 stock options to eligible employees under the Employees Stock Option Scheme 2000-01, with an exercise price of Rs. 1262 per option. These options represent 103,916 equity shares and are priced based on the previous trading day's closing price on the NSE. The options will vest over three years, with 30% vesting after one year, another 30% after two years, and the remaining 40% after three years, and can be exercised within five years of each vesting date.

Disclaimer*

Axis Bank Limited
14 January 2026
 

AXIS/CO/CS/544/2025-26

 

January 14, 2026

 

National Stock Exchange of India Limited

Exchange Plaza, 5th Floor

Plot No. C/1, "G" Block

Bandra-Kurla Complex

Bandra (E), Mumbai - 400 051

 

NSE Symbol: AXISBANK

BSE Limited

1st Floor,

P. J. Towers,

Dalal Street

Fort, Mumbai - 400 001

 

BSE Scrip Code: 532215

 

Dear Sir/Madam,

 

REF.:

DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

SUB.:

GRANT OF STOCK OPTIONS

 

This is to inform you that the Nomination and Remuneration Committee at its meeting held today i.e., January 14, 2026, has granted 103,916 stock options at an exercise price of Rs. 1262/- per option under the Axis Bank Employees Stock Option Scheme 2000-01 to the eligible employee(s) of the Bank.

 

Disclosures as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as Annexure A.

 

The meeting commenced at 11:00 am (IST) and concluded at 3:00 pm (IST).

 

http://www.rns-pdf.londonstockexchange.com/rns/8863O_1-2026-1-14.pdf


This is for your information and records.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

Sandeep Poddar

Company Secretary

CC: 

London Stock Exchange

Singapore Stock Exchange

 

 

 

Annexure A

 

Sr. No.

Particulars

Grant under Axis Bank Employees Stock Option Scheme 2000-01

(a)    

Brief details of options/units granted

103,916 options.

(b)    

Whether the scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

Yes

(c)    

Total number of shares covered by these options/units

103,916 equity shares of Rs. 2/- each of the Bank.

(d)    

Pricing Formula

Granted at the latest available closing price prevailing on NSE being the Stock Exchange which recorded the highest trading volume in the equity shares of the Bank on January 13, 2026 i.e., being the previous trading day immediately preceding the date on which the grant of options was approved by the NRC.

(e)    

Option Vested

The said options shall vest, as under:

-   At the end of 1 year from the date of grant - 30% of granted options.

-   At the end of 2 years from the date of grant - 30% of granted options.

-   At the end of 3 years from the date of grant - 40% of granted options.

(f)     

Time within which option/units may be exercised

The said options can be exercised by the grantees, within a period of 5 years from the date of respective vesting.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                                                                                    

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