REG - Axis Bank Ltd Axis Bank Ltd (144A) - Revision in Vesting period

Axis BankAnnouncement

24/07/2025 16:15

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RNS Number : 4898S  Axis Bank Limited  24 July 2025

 

 Sub.: Revision in Vesting Period - Axis Bank Employees Stock Option Scheme -
2000-01

Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("SEBI Listing Regulations").

In furtherance to our letter no. AXIS/CO/CS/30/2025-26 dated April 25, 2025 on
the captioned subject, we wish to inform you that, based on the directions
received from the Reserve Bank of India and on recommendations of the
Nomination and Remuneration Committee, the Board of Directors of Axis Bank
Limited has today i.e. July 24, 2025, revised the vesting of 1,85,537 options
stock granted under Axis Bank Employees Stock Option Scheme - 2000-01 equally
over 4 (four) years @ 25% every year (commencing on expiry of one year from
the date of grant) as compared to vesting of 30%, 30% and 40% options at the
end of one year, two year and third year, respectively. All other terms and
conditions of the above grants, including exercise price, remains unchanged.

Please note that the above matter was passed through circulation at 4.26 p.m.

This is for your information and records.

http://www.rns-pdf.londonstockexchange.com/rns/4898S_1-2025-7-24.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/4898S_1-2025-7-24.pdf)

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