Axis Bank Limited has notified the stock exchanges of its 32nd Annual General Meeting (AGM) scheduled for Friday, July 31, 2026, at 10:00 a.m. (IST), to be conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The notice was filed on June 25, 2026, pursuant to Regulations 30, 34, and 53 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date for dividend eligibility has been set as Friday, July 10, 2026, with remote e-voting available from Monday, July 27, 2026 (9:00 a.m.) to Thursday, July 30, 2026 (5:00 p.m.).

Ordinary Business

The AGM agenda includes adoption of the Bank's audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. The Board has recommended a final dividend of ₹1 per equity share of face value ₹2 each for fiscal 2026, subject to shareholder approval. The re-appointment of Subrat Mohanty (DIN: 08679444) as a Director retiring by rotation is also proposed under ordinary business.

Director Re-appointments and Remuneration Revisions

The following table summarises the key director-related resolutions proposed at the AGM:

The remuneration revisions for the MD & CEO and Executive Directors are in line with the Bank's Remuneration Policy and are subject to RBI approval. Variable pay components remain subject to RBI compensation guidelines, with total variable pay capped at a maximum of 300% of fixed pay.

Fund-Raising Resolutions

The Bank is seeking shareholder approval for two significant fund-raising resolutions:

• Debt Securities (Special Resolution): Borrowing/raising of funds in Indian rupees or foreign currency by issue of debt securities on a private placement basis for an amount not exceeding ₹35,000 crores, for a period of one year from the date of passing the resolution. Instruments include long-term bonds, masala bonds, sustainable/ESG bonds (including green bonds), non-convertible debentures, perpetual debt instruments, AT 1 Bonds, Infrastructure Bonds, and Tier II Capital Bonds.

• Equity Capital (Special Resolution): Raising of funds by issue of equity shares, depository receipts, and/or convertible securities for an aggregate amount not exceeding ₹20,000 crores. The Bank noted that its Common Equity Tier 1 (CET 1) ratio stood at 14.38% as against the regulatory minimum requirement of 8% for CET 1 as on March 31, 2026. The resolution is an enabling approval and does not indicate an immediate issuance.

Material Related Party Transactions

Shareholder approval is sought for material related party transactions (exceeding the materiality threshold of ₹5,000 crores) with the following entities, from the conclusion of the 32nd AGM to the conclusion of the 33rd AGM:

All proposed related party transactions are to be conducted on an arm's length basis and in the ordinary course of business. The Audit Committee has reviewed and confirmed that the terms of the above transactions are in the interest of the Bank.

Key Financial Highlights (Fiscal 2026)

The AGM notice also includes the Bank's Integrated Annual Report for fiscal 2026. Key standalone financial metrics are summarised below:

The decline in net profit was primarily attributable to a 71% increase in provisions and contingencies to ₹13,263 crores in fiscal 2026, including an additional one-time provision of ₹2,001 crores made under the Bank's prudent provisioning framework for standard assets, and a provision of ₹1,231 crores for declassified PSL loans following an RBI advisory.

The AGM notice and Integrated Annual Report are available on the Bank's website at www.axis.bank.in . Shareholders may register as speakers for the AGM from Monday, July 27, 2026 (9:00 a.m.) to Wednesday, July 29, 2026 (5:00 p.m.).

axis bank has completed the pricing of a dual-tranche issuance worth USD 800 million under its Global Medium Term Notes (GMTN) programme. The bank has priced USD 500 million in Additional Tier 1 notes and USD 300 million in Senior Notes to bolster its capital base and fund general corporate purposes. The issuances are set to conclude on June 30, 2026, and will be listed on the India International Exchange (IFSC) Limited and NSE IFSC Limited.

The Additional Tier 1 notes, designated as Series 31, are perpetual instruments with no fixed maturity date. These notes carry a fixed coupon rate of 6.875% per annum, payable semi-annually in arrears. The pricing of these Basel III-compliant instruments is part of the bank's ongoing strategy to maintain adequate capital adequacy ratios. The notes are unsecured and rank junior to the bank's Senior Notes and other senior liabilities.

The Senior Notes, categorized as Series 10, have a tenor of five years and are set to mature on June 30, 2031. These fixed-rate notes offer a coupon of 5.348% per annum, with interest payments also scheduled semi-annually. Unlike the Additional Tier 1 instruments, these notes are senior unsecured obligations, providing investors with a higher claim on the bank's assets in the event of liquidation.

Key Details of the Issuance

The following table outlines the specific terms for both tranches of the issuance:

The bank executed the Subscription Agreement with the appointed managers for the issue to facilitate the distribution of these notes. The method of distribution for both tranches is syndicated, ensuring broad placement across institutional investors. The use of proceeds from the issuances will be aligned with the objectives outlined in the Offering Circular dated December 26, 2025.

This disclosure was submitted to the exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notes are not being offered or sold to persons resident in India or the United States, adhering to specific regulatory restrictions in those jurisdictions.