Axis Bank Clarifies No Participation in CreditAccess Grameen Limited Bidding Process

1 min read     Updated on 23 Feb 2026, 03:19 PM
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Suketu GScanX News Team
Overview

Axis Bank Limited has officially clarified that it has neither submitted nor plans to submit any bid for a stake in CreditAccess Grameen Limited, responding to market queries dated February 22, 2026. The bank stated there is no material event requiring disclosure under SEBI Regulation 30, emphasizing its commitment to regulatory compliance and transparency in corporate communications.

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*this image is generated using AI for illustrative purposes only.

Axis Bank Limited has issued an official clarification to stock exchanges regarding market speculation about its potential participation in bidding for a stake in CreditAccess Grameen Limited. The bank's response, dated February 22, 2026, was prompted by incoming queries from various stakeholders.

Official Bank Position

In its communication to the National Stock Exchange of India Limited and BSE Limited, Axis Bank categorically denied any involvement in the bidding process for CreditAccess Grameen Limited. The bank's position can be summarized as follows:

Parameter Bank's Position
Bid Submission Status No bid submitted
Future Bidding Plans No plans to submit any bid
Target Company CreditAccess Grameen Limited
Nature of Stake Not specified

Regulatory Compliance Statement

The bank emphasized its commitment to regulatory compliance and transparency in its disclosure. Axis Bank stated that there is no material event or information in this matter requiring disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The clarification was signed by Sandeep Poddar, Company Secretary of Axis Bank Limited, and was also communicated to international exchanges including the London Stock Exchange and Singapore Stock Exchange.

Market Context

The clarification appears to be a proactive measure by Axis Bank to address market speculation and queries regarding its potential interest in CreditAccess Grameen Limited. By issuing this formal statement, the bank aims to provide clarity to investors and stakeholders about its position regarding the microfinance company.

The bank reaffirmed its ongoing commitment to making disclosures in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring continued transparency in its corporate communications.

Historical Stock Returns for Axis Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+1.34%+4.08%+7.21%+28.37%+36.33%+92.74%

Axis Bank Conducts Investor Meetings in London and Abu Dhabi on February 17-18, 2026

1 min read     Updated on 17 Feb 2026, 07:33 PM
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Reviewed by
Riya DScanX News Team
Overview

Axis Bank held consecutive analysts and institutional investors meetings in London on February 17, 2026, and Abu Dhabi on February 18, 2026, engaging with prominent global institutional investors including Stone Harbor Investment Partners, J.P. Morgan India, Abu Dhabi Investment Authority, and HSBC Limited. The meetings were conducted in compliance with SEBI Regulation 30, with presentation materials made available on the bank's website for stakeholder transparency.

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*this image is generated using AI for illustrative purposes only.

Axis Bank Limited conducted consecutive analysts and institutional investors meetings on February 17, 2026, in London, and February 18, 2026, in Abu Dhabi, in compliance with regulatory disclosure requirements under SEBI regulations.

Meeting Details and Participants

The group meetings with select investors were held as part of the bank's ongoing investor engagement activities across international markets. The events brought together key institutional stakeholders to discuss the bank's performance and strategic outlook.

Parameter: London Meeting Abu Dhabi Meeting
Event Type: Group meeting with select investors Group meeting with select investors
Date: February 17, 2026 February 18, 2026
Location: London Abu Dhabi
Regulatory Framework: SEBI Regulation 30 SEBI Regulation 30

Institutional Participants

The meetings saw participation from prominent institutional investors across both locations, reflecting continued interest from global investment firms in the bank's operations.

London Meeting Participants

Sr. No.: Institution Name
1 Stone Harbor Investment Partners LP
2 J.P. Morgan India Private Limited

Abu Dhabi Meeting Participants

Sr. No.: Institution Name
1 Brevan Howard Asset Management LLP
2 Abu Dhabi Commercial Bank PJSC
3 Abu Dhabi Investment Authority
4 The Hongkong and Shanghai Banking Corporation Limited

Regulatory Compliance and Transparency

Both disclosures were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sandeep Poddar signed the regulatory filings, ensuring compliance with mandatory disclosure norms for both meetings.

The bank has made the presentation materials from both meetings available on its official website at the shareholders corner section, maintaining transparency with all stakeholders and providing equal access to information shared during the investor interactions.

Historical Stock Returns for Axis Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+1.34%+4.08%+7.21%+28.37%+36.33%+92.74%

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1 Year Returns:+36.33%