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Axis Bank Limited announced the completion of a preferential issue of equity shares by its wholly-owned subsidiary, Axis Finance Limited (AFL), to Kedaara Pearl Holding and Kedaara Capital Fund IV AIF on July 13, 2026. Following this issuance, AFL is no longer a wholly-owned subsidiary, with Axis Bank now holding 94.92% of its paid-up equity share capital, while remaining its holding company and promoter.

Disclaimer*

Axis Bank Limited
14 July 2026
 

AXIS/CO/CS/244/2026-27

 

July 14, 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 SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS")

 

 

This is in continuation of our letter no. AXIS/CO/CS/51/2026-27 dated April 25, 2026, regarding the proposed preferential issue of equity shares by the Bank's wholly-owned subsidiary Axis Finance Limited ("AFL") to Kedaara Pearl Holding ("KC Investor 1") and Kedaara Capital Fund IV AIF ("KC Investor 2") (KC Investor 1 and KC Investor 2 collectively referred to as the "Investors").

 

We hereby inform that, pursuant to the fulfilment of all conditions precedent under the transaction documents, including receipt of the requisite regulatory approvals, the issuance of equity shares of AFL to the Investors has been completed on July 13, 2026.

 

Consequent to the aforesaid allotment, AFL has ceased to be a wholly-owned subsidiary of the Bank. The Bank now holds 94.92% of the paid-up equity share capital of AFL and continues to remain its holding company and promoter.

 

This is for your information and records.

 

Thanking You.

 

With warm regards,

 

For Axis Bank Limited

 

 

Sandeep Poddar

Company Secretary

 

CC: 

London Stock Exchange

Singapore Stock Exchange

 
http://www.rns-pdf.londonstockexchange.com/rns/2996M_1-2026-7-14.pdf

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