AXIS Bank Ltd

AT1 notes redemption

• Axis Bank elects to redeem 100% of US$600m AT1 notes on Sep 8, 2026.
• Redemption price is 100% par plus accrued interest, per terms.
• Redemption date around Sep 8, 2026; record date prior day.
• RBI approval obtained on July 31, 2026; post-redemption capital above minimum.
• Notice issued to trustee and paying/transfer agents for redemption.
• Two series specified: ISIN US05464XAA37 and USY1009XAA73 totaling US$600m.

Listing update

• Final listing approvals received from India INX and NSE IX for USD 300 million notes.
• Notes will be listed on India INX and NSE IX; not offered to Indian residents.
• Pricing supplements available on India INX and NSE IX websites.

Debt issue and listing

• Axis Bank allotted US$300 million of 5.179% senior notes under its GMTN programme.
• Notes will be listed on the Global Securities Market of the IFSC and NSE IFSC.

Meeting Details

• Date: 26-August-26; times not disclosed.
• Group meeting with select investors — in-person, Mumbai.
• Group meeting with select investors — virtual, Mumbai.

Purpose

• Purpose: Schedule of analysts/institutional investors meet.

Additional Notes

• Presentation copy will be available on Axis Bank website.

Capital / Securities

• Allotted 123,174 equity shares of Rs 2 each under ESOP/RSU on Aug 18, 2026.
• Paid-up capital increased from Rs 6,225,564,486 to Rs 6,225,810,834.
• Total equity shares rose from 3,112,782,243 to 3,112,905,417.

Meeting details

• Date: August 18, 2026; time not disclosed; physical, group meeting in Singapore.
• Event: Axis Capital's India Corporate Day 2026.

Participants

• Company management participants not listed in the filing.

Purpose

• Analysts/institutional investors meet to discuss Axis Bank updates.

Availability

• Presentation available on Axis Bank website.

Meeting Details

• Date: August 18, 2026 (time not disclosed)
• Type/Mode: Group investor meeting; physical in Singapore
• Event: Axis Capital's India Corporate Day 2026 in Singapore

Purpose

• Analysts/institutional investor meet to discuss Axis Bank performance

Additional Notes

• Presentation available on Axis Bank website

Rating Action

• S&P assigns BBB rating to Axis Bank Gift City Branch GMTN senior notes.

Instrument Rated

• U.S.$300,000,000 5.179% Senior Notes under GMTN programme rated BBB.

Agency

• Rating by S&P Global Ratings.

Rationale

• Rating rationale letter for the assignment is attached.

Material Changes

• New rating assignment for Axis Bank Gift City Branch GMTN notes.

Rating action

• Moody's assigns Baa3 rating with stable outlook to Axis Bank's USD 300m GMTN notes.
• Instrument: USD 300m 5.179% Senior Notes due 21 November 2029, Series 32.
• Rating agency: Moody's Investors Service.
• Outlook: Stable.
• New rating assigned for GMTN notes; no prior rating context provided in this filing.
• Rationale not disclosed in this filing; rating letter attached separately.