NCD Allotment
Summary by AI BETAClose X
AXIS/CO/CS/446/2025-26
November 26, 2025
|
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(s),
|
Ref |
: |
Allotment of Fully Paid, Senior, Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debenture (Series - 9) |
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Sub |
: |
Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") |
Pursuant to Regulation 30 of the Listing Regulations and in reference to our letter no. AXIS/CO/CS/426/2025-26 dated November 21, 2025, we would like to inform you that the Committee of Whole-time Directors of Axis Bank Limited, has approved the allotment of 5,00,000 Fully Paid, Senior, Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debenture (Series - 9) of face value of Rs. 1,00,000/- each ("Debentures") at par aggregating to Rs. 5,000 Crore (Five Thousand Crore) at a coupon rate of 7.27% p.a. payable annually, on a private placement basis.
The said NCDs are rated "CRISIL AAA/Stable" by CRISIL Ratings Limited, "[ICRA]AAA/Stable" by ICRA Limited, and "Ind AAA/Stable" by India Ratings & Research Private Limited. Details required to be disclosed as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure A.
This is for your information and records.
Thanking You.
Yours faithfully,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
Encl.: a/a
CC: London Stock Exchange
Singapore Stock Exchange
Annexure A
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Sr No. |
Particulars |
Details |
|
i. |
Size of the issue |
Rs. 5,000 Crore |
|
ii. |
Whether proposed to be listed? If yes, name of the stock exchange(s) |
Yes
(i) BSE Limited (ii) National Stock Exchange of India Limited |
|
iii. |
Tenure of the instrument - date of allotment and date of maturity |
Tenure: 10 years Date of allotment: November 26, 2025 Date of maturity: November 26, 2035 |
|
iv. |
Coupon / interest offered, schedule of payment of coupon / interest and principal |
Coupon: 7.27% p.a.
Interest will be payable annually on November 26, each year till maturity of the Debentures.
The Debentures are redeemable at par at the end of 10 years i.e. on November 26, 2035. |
|
v. |
Charge / security, if any, created over the assets |
NA. The Debentures are unsecured. |
|
vi. |
Special right / interest / privileges attached to the instrument and changes thereof |
There are no special rights / privileges attached to the Debentures. |
|
vii. |
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 |
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viii. |
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 |
|
ix. |
Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures |
The Debentures are redeemable at par at the end of 10 years i.e. on November 26, 2035. |
http://www.rns-pdf.londonstockexchange.com/rns/1406J_1-2025-11-26.pdf
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