REG - Axis Bank Ltd Axis Bank Ltd (144A) - NCD Allotment

Axis BankAnnouncement

26/11/2025 13:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251126:nRSZ1406Ja&default-theme=true

RNS Number : 1406J  Axis Bank Limited  26 November 2025

 

AXIS/CO/CS/446/2025-26

 

November 26, 2025

 

 National Stock Exchange of India Limited  BSE Limited

 Exchange Plaza, 5(th) 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(s),

 

 Ref  :  Allotment of Fully Paid, Senior, Rated, Listed, Unsecured, Taxable,
         Redeemable, Long Term Non-Convertible Debenture (Series - 9)
 Sub  :  Regulation 30 of the Securities and Exchange Board of India (Listing
         Obligations and Disclosure Requirements) Regulations, 2015 ("Listing
         Regulations")

 

Pursuant to Regulation 30 of the Listing Regulations and in reference to our
letter no.  AXIS/CO/CS/426/2025-26 dated November 21, 2025, we would like to
inform you that the Committee of Whole-time Directors of Axis Bank Limited,
has approved the allotment of 5,00,000 Fully Paid, Senior, Rated, Listed,
Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debenture (Series -
9) of face value of Rs. 1,00,000/- each ("Debentures") at par aggregating to
Rs. 5,000 Crore (Five Thousand Crore) at a coupon rate of 7.27% p.a. payable
annually, on a private placement basis.

 

The said NCDs are rated "CRISIL AAA/Stable" by CRISIL Ratings Limited,
" ICRA AAA/Stable" by ICRA Limited, and "Ind AAA/Stable" by India Ratings
& Research Private Limited. Details required to be disclosed as per SEBI
Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are
enclosed as Annexure A.

 

This is for your information and records.

 

Thanking You.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

 

Sandeep Poddar

Company Secretary

 

Encl.: a/a

 

CC: London Stock Exchange

Singapore Stock Exchange

Annexure A

 

 Sr No.  Particulars                                                                      Details
 i.      Size of the issue                                                                Rs. 5,000 Crore
 ii.     Whether proposed to be listed? If yes, name of the stock exchange(s)             Yes

                                                                                          (i)   BSE Limited

                                                                                          (ii)  National Stock Exchange of India Limited
 iii.    Tenure of the instrument - date of allotment and date of maturity                Tenure: 10 years

                                                                                          Date of allotment: November 26, 2025

                                                                                          Date of maturity: November 26, 2035
 iv.     Coupon / interest offered, schedule of payment of coupon / interest and          Coupon: 7.27% p.a.
         principal

                                                                                          Interest will be payable annually on November 26, each year till maturity of
                                                                                          the Debentures.

                                                                                          The Debentures are redeemable at par at the end of 10 years i.e. on November
                                                                                          26, 2035.
 v.      Charge / security, if any, created over the assets                               NA. The Debentures are unsecured.
 vi.     Special right / interest / privileges attached to the instrument and changes     There are no special rights / privileges attached to the Debentures.
         thereof
 vii.    Delay in payment of interest / principal amount for a period of more than        NA
         three months from the due date or default in payment of interest / principal
 viii.   Details of any letter or comments regarding payment / non-payment of interest,   NA
         principal on due dates, or any other matter concerning the security and/or the
         assets along with its comments thereon, if any
 ix.     Details of redemption of preference shares indicating the manner of redemption   The Debentures are redeemable at par at the end of 10 years i.e. on November
         (whether out of profits or out of fresh issue) and debentures                    26, 2035.

 

 

 http://www.rns-pdf.londonstockexchange.com/rns/1406J_1-2025-11-26.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/1406J_1-2025-11-26.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  MSCZZMZMFVVGKZM



            Copyright 2019 Regulatory News Service, all rights reserved