Axis Bank Limited
14 July 2026
AXIS/CO/CS/244/2026-27
July 14, 2026
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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,
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SUB.: |
DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS") |
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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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