NSEGeneral Updates14 Jul 2026 · 14 Jul 2026, 04:39 pm
General Updates
Axis Bank Limited · AXISBANK
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Axis Bank Limited has informed the Exchange about General Updates regarding the completion of the preferential issue of equity shares by its wholly-owned subsidiary Axis Finance Limited to two investors, resulting in AFL ceasing to be a wholly-owned subsidiary of the Bank.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Axis Bank Limited has informed the Exchange about General Updates
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AXISBANK1_14072026163318_SEintimationFSigned.pdf
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AXIS/CO/CS/244/2026-27
July 14, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, P. J. Towers,
Plot No. C/1, “G” Block Dalal Street
Bandra-Kurla Complex Fort, Mumbai – 400 001
Bandra (E), Mumbai – 400 051
NSE Symbol: AXISBANK BSE Scrip Code: 532215
Dear Sir/Madam,
SUB.: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE
REQUIREMENTS) REGULATIONS, 2015 (“SEBI LISTING REGULATIONS”)
This is in continuation of our letter no. AXIS/CO/CS/51/2026-27 dated April 25, 2026, regarding the
proposed preferential issue of equity shares by the Bank’s wholly-owned subsidiary Axis Finance
Limited (“AFL”) to Kedaara Pearl Holding (“KC Investor 1”) and Kedaara Capital Fund IV AIF (“KC
Investor 2”) (KC Investor 1 and KC Investor 2 collectively referred to as the “Investors”).
We hereby inform that, pursuant to the fulfilment of all conditions precedent under the transaction
documents, including receipt of the requisite regulatory approvals, the issuance of equity shares of
AFL to the Investors has been completed on July 13, 2026.
Consequent to the aforesaid allotment, AFL has ceased to be a wholly-owned subsidiary of the Bank.
The Bank now holds 94.92% of the paid-up equity share capital of AFL and continues to remain its
holding company and promoter.
This is for your information and records.
Thanking You.
With warm regards,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
London Stock Exchange
Singapore Stock Exchange