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Summary by AI BETAClose X

Axis Bank Limited announced on October 15, 2026, that its Nomination and Remuneration Committee has granted 195,605 stock options to eligible employees under the Axis Bank Employees Stock Option Scheme 2000-01. These options are exercisable at Rs. 1,264.60 each and represent 195,605 equity shares. 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
15 October 2026
 

AXIS/CO/CS/467/2026-27

 

October 15, 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,

 

REF.:

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

SUB.:

GRANT OF STOCK OPTIONS/UNITS

 

This is to inform you that the Nomination and Remuneration Committee at its meeting held today i.e., October 15, 2026, has granted 1,95,605 stock options at an exercise price of Rs. 1,264.60/- 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 Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A.

 

The meeting commenced at 2:30 pm (IST) and concluded at 6:25 pm (IST).

 

This is for your information and records.

 

Thanking you.

 

With warm regards,

 

For Axis Bank Limited

 

 http://www.rns-pdf.londonstockexchange.com/rns/1808Z_1-2026-10-15.pdf


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

1,95,605  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

1,95,605  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 October 14, 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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