REG - Axis Bank Ltd Axis Bank Ltd (144A) - ESOP Grant

Axis BankAnnouncement

16/07/2025 09:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250716:nRSP2977Ra&default-theme=true

RNS Number : 2977R  Axis Bank Limited  16 July 2025

AXIS/CO/CS/171/2025-26

 

July 16, 2025

 

 National Stock Exchange of India Limited  BSE Limited

 Exchange Plaza, 5th Floor                 1(st) Floor,

 Plot No. C/1, "G" Block                   P. J. Towers,

 Bandra-Kurla Complex                      Dalal Street

 Bandra (E), Mumbai - 400 051              Fort, Mumbai - 400 001

 NSE Symbol: AXISBANK                      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., July 16, 2025, has granted 1,37,575 stock options at
an exercise price of Rs. 1,165.90/- per option under the Axis Bank Employees
Stock Option                        Scheme 2000-01 to
the eligible employees of the Bank.

 

Disclosures as required under SEBI Circular No.
SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as
Annexure A.

 

The meeting commenced at 10.30 am (IST) and concluded at 1:40 pm (IST).

 

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                                     1,37,575 options.
 (b)            Whether the scheme is in terms of SEBI (Share Based Employee Benefits and  Yes
                Sweat Equity) Regulations, 2021
 (c)            Total number of shares covered by these options/units                      1,37,575 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 July 15, 2025 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.

 

 http://www.rns-pdf.londonstockexchange.com/rns/2977R_1-2025-7-16.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2977R_1-2025-7-16.pdf)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCSFISAMEISEDW