axis bank has completed the pricing of USD 600 million in Senior Notes under its existing Global Medium Term Note (GMTN) programme, securing long-term funding at a fixed interest rate. The issuance, announced on August 4, 2026, carries a coupon of 5.348 per cent per annum and matures on June 30, 2031. This transaction strengthens the Bank’s capital structure by accessing international debt markets, with the proceeds to be utilized as outlined in the Offering Circular dated December 26, 2025.

The Notes were issued by Axis Bank Limited’s Gift City Branch and will consolidate into Series 30 of the U.S.$5,000,000,000 GMTN programme. Specifically, this tranche forms part of the U.S.$300,000,000 series carrying the 5.348 per cent coupon. The issue price was set at 99.544 per cent of the Aggregate Nominal Amount, plus accrued interest from June 30, 2026, to but not including August 11, 2026. The official issue date is August 11, 2026.

Transaction Details

The following table outlines the key terms of the Senior Notes issuance:

Regulatory and Listing Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Notes are listed on the Global Securities Market of the India International Exchange (IFSC) Limited ("India INX") and the Debt Securities Market of the NSE IFSC Limited ("NSE IX").

The Offering Circular and Pricing Supplement have not been registered with the Securities and Exchange Board of India (SEBI), the Reserve Bank of India (RBI), or any Registrar of Companies under the Companies Act, 2013. Consequently, the Notes have not been and will not be offered or sold to any person resident in India. Furthermore, the Notes are not registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold within the United States except pursuant to an exemption from registration requirements.

What the Numbers Show

The pricing of these Senior Notes at 5.348 per cent reflects the current cost of long-term dollar-denominated debt for Indian private sector banks. By issuing under the GMTN programme, Axis Bank maintains flexibility in its funding mix, tapping into offshore investor appetite for rated Indian financial debt. The non-syndicated distribution method suggests direct placement with institutional investors, reducing intermediary costs. The maturity profile extending to June 2031 provides the Bank with stable, long-duration liabilities to match its asset growth trajectory.

Axis Bank will host a group meeting with select analysts and institutional investors on August 10, 2026, in Mumbai. The in-person event is scheduled under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparent communication with market participants. This engagement allows the bank to share updates directly with key financial stakeholders.

The meeting details were communicated to the National Stock Exchange of India Limited and BSE Limited on August 4, 2026. Sandeep Poddar, Company Secretary of Axis Bank Limited, signed the disclosure. The bank noted that any revisions to the schedule due to unforeseen events would be promptly communicated to the stock exchanges.

Meeting Details

A copy of the presentation to be used during the meeting is available on the bank's website at the shareholders' corner section for financial results and other presentations. This ensures that all investors have access to the material information presented during the session.

Regulatory Compliance

The disclosure adheres to the listing obligations set by SEBI. Axis Bank Limited also copied the London Stock Exchange and Singapore Stock Exchange on the communication, reflecting its global listing presence. The filing reference number is AXIS/CO/CS/299/2026-27.