REG - Axis Bank Ltd Axis Bank Ltd (144A) - Dividend and Fund Raising

Axis BankAnnouncement

28/04/2026 11:30

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RNS Number : 2373C  Axis Bank Limited  28 April 2026

AXIS/CO/CS/46/2026-27

 

April 25, 2026

 

 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 REGULATIONS 30 and 51 OF THE SEBI (LISTING OBLIGATIONS AND
        DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS")
 SUB.:  OUTCOME OF BOARD MEETING

 

In reference to our letter no. AXIS/CO/CS/27/2026-27 dated April 16, 2026, and
pursuant to Regulations 30 and 51 and other applicable provisions of the SEBI
Listing Regulations, we hereby inform you that the Board of Directors of Axis
Bank Limited ("Bank") at its meeting held today, i.e., April 25, 2026, has:

(i)             Recommended a final dividend of Rs. 1/- per equity
share (face value of Rs. 2/- each) i.e., 50% of the face value, for the
financial year ended March 31, 2026, subject to approval of the members of the
Bank at the ensuing 32(nd) Annual General Meeting ("AGM") and applicable
statutory approval, if any. The dividend, if approved, will be paid within 30
days from the date of conclusion of the AGM.

(ii)            Approved raising of funds by issuance of debt
instruments in Indian/Foreign currency including, but not limited to, long
term bonds, masala bonds, sustainable/ ESG Bonds (including green bonds),
optionally/compulsorily convertible debentures, non-convertible debentures,
perpetual debt instruments, AT 1 Bonds, Infrastructure Bonds and Tier II
Capital Bonds or such other debt securities as may be permitted under the RBI
guidelines from time to time, up to an amount of Rs. 35,000 crores (Rupees
thirty-five thousand crores only), in terms of Section 42 of the Companies
Act, 2013, the SEBI (Issue and Listing of Non-Convertible Securities)
Regulations, 2021 and the SEBI Listing Regulations, subject to approval of the
members of the Bank; and

(iii)           Approved raising of funds by issuance of equity
shares/ depository receipts and/or any other instruments or securities
representing either equity shares and/or convertible securities linked to
equity shares including through Qualified Institutions Placement (QIP)/
American Depository Receipts (ADRs)/ Global Depository Receipts (GDRs)
program, preferential allotment or such other permissible mode or combinations
thereof as may be considered appropriate by the Board, up to an amount of
Rs. 20,000 crores (Rupees twenty thousand crores only), in terms of applicable
laws, subject to approval of the members of the Bank and statutory/regulatory
bodies, as applicable.

 

The Board meeting commenced at 9:00 am (IST) and the aforesaid proposals were
approved at 11:35 am (IST).

 

This is for your information and records.

 

Thanking You.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

Sandeep Poddar

Company Secretary

CC:

London Stock Exchange

Singapore Stock Exchange

http://www.rns-pdf.londonstockexchange.com/rns/2373C_1-2026-4-28.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2373C_1-2026-4-28.pdf)

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