NSEGeneral Updates7 Jul 2026 · 7 Jul 2026, 05:11 pm
General Updates
Axis Bank Limited · AXISBANK
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Axis Bank Limited has completed the pricing of its issuance of USD denominated Additional Tier 1 Notes under the Global Medium Term Notes programme. The notes will be consolidated and form a single series with the U.S.$500,000,000 6.875 per cent. Additional Tier 1 Notes issued on June 30, 2026.
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Full Announcement
Axis Bank Limited has informed the Exchange about General Updates
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AXISBANK1_07072026170515_PricingSupplement07072026Signed.pdf
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THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL
AXIS/CO/CS/227/2026-27
July 7, 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 Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing
Regulations”)
In furtherance to our letter bearing reference number AXIS/CO/CS/493/2025-26 dated
December 26, 2025 and AXIS/CO/CS/181/2026-27 dated June 23, 2026, we wish to inform you
that in relation to the existing Global Medium Term Notes (“GMTN”) programme of Axis Bank
Limited (“the Bank”), the Bank has completed the pricing of its issuance of USD denominated
Additional Tier 1 Notes (“ AT 1 Notes”). The said AT 1 Notes will be consolidated and form a single
series with the U.S.$500,000,000 6.875 per cent. Additional Tier 1 Notes issued on June 30, 2026.
The details of the Pricing of Notes are detailed below:
Particulars Details
Type of instrument Additional Tier 1 under the Global Medium
Term Note Programme in accordance with
RBI Guidelines (as defined in the Offering
Circular dated December 26, 2025
(“Offering Circular”)
Series number 31
Tranche number 2
Currency USD
Aggregate nominal amount
(i)Series U.S.$600,000,000
(ii)Tranche U.S.$100,000,000
Issue price 100.30 per cent. of the Aggregate Nominal
Amount
Issue date July 14, 2026
Maturity date Not applicable
Interest basis Fixed rate
Coupon/interest offered, schedule of payment 6.875 per cent. per annum payable semi-
of coupon/interest and principal annually in arrear on each Interest Payment
Date (as defined in the Offering Circular)
Use of proceeds As set out in the Offering Circular
Listing Global Securities Market of the India
International Exchange (IFSC) Limited (“India
INX”) and Debt Securities Market of the NSE
IFSC Limited (“NSE IX”)
Method of distribution Non-Syndicated
Charge/security, if any, created over the assets NA
Special right/interest/privileges attached to NIL
the instrument and changes thereof;
Delay in payment of interest / principal amount NA
for a period of more than three months from the
due date or default in payment of interest /
principal
Details of any letter or comments regarding NA
payment/non-payment of interest, principal on
due dates, or any other matter concerning the
security and /or the assets along with its
comments thereon, if an
Details of redemption of preference shares NA
indicating the manner of redemption (whether
out of profits or out of fresh issue) and
debentures
This is for information of all concerned in compliance with the applicable provisions of Listing
Regulations.
Thanking you,
Yours faithfully,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
CC: London Stock Exchange
Singapore Stock Exchange
DISCLAIMER:
The offering circular dated December 26, 2025 (“Offering Circular”) and Pricing Supplement for
the GMTN Programme has not been and will not be registered or filed or published as a
prospectus or a statement in lieu of a prospectus with the Securities and Exchange Board of India,
the relevant Registrar of Companies, or any other statutory or regulatory body of like nature in
India in respect of a public offer or information memorandum, general information document,
key information document or other offering material in respect of any private placement of
securities under the Companies Act, 2013, as amended, and the rules thereunder or any other
applicable Indian laws.
The Offering Circular and Pricing Supplement has not been and will not be reviewed or approved
by any regulatory authority in India, including, but not limited to, the relevant Registrar of
Companies, the Securities and Exchange Board of India, the Reserve Bank of India, or any
recognised stock exchange in India. The Offering Circular is not and should not be construed as
an advertisement, invitation, offer or sale of any securities to the public or any person resident in
India.
The Notes have not been and will not be, offered or sold to any person resident in India.
The Notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), or the securities laws of any state of the United States or any other
jurisdiction and the Notes may not be offered or sold within the United States except pursuant to
an exemption from, or in a transaction not subject to, the registration requirements of the
Securities Act and applicable state or local securities laws.