REG - Axis Bank Ltd - Grant of stock options / units

Axis BankAnnouncement

24/03/2023 11:45

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RNS Number : 1829U  Axis Bank Limited  24 March 2023

 

AXIS/CO/CS/615/2022-23

 

March 24, 2023

 

Dear Sir(s),

 

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

 

Sub.:  Grant of stock options / units.

 

This is to inform you that the Nomination and Remuneration Committee of the
Board of Directors of the Bank ("NRC") at its meeting held today, has granted
stock options/units to the eligible employees of the Bank as under:

 

(a)     1,31,00,000 stock options of the Bank at an exercise price of Rs.
848.80/- per option under the Axis Bank Employees Stock Option Scheme 2000-01.

 

(b)     32,00,000 stock units of the Bank at an exercise price of Rs. 2/-
per unit under the Axis Bank Employees Stock Unit Scheme, 2022.

 

Disclosure as required under SEBI Circular dated September 9, 2015 is enclosed
as Annexure A for your reference.

http://www.rns-pdf.londonstockexchange.com/rns/1829U_1-2023-3-24.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/1829U_1-2023-3-24.pdf)

 

This is for your information and records.

 

Thanking You.

 

With warm regards,

 

For Axis Bank Limited

 

 

 

 

Sandeep Poddar

Company Secretary

 

 

 

 

 

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