RNS Number : 0063M
Axis Bank Limited
25 April 2024
 

AXIS/CO/CS/57/2024-25

 

April 25, 2024

 

Dear Sir/Madam,

 

REF.:

DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

SUB.:

GRANT OF STOCK OPTIONS/UNITS

 

This is to inform you that the Nomination and Remuneration Committee at its meeting held today i.e., April 25, 2024, has approved grant of stock options/units to the eligible employees of the Bank as under:

 

(a)  74,95,114 stock options at an exercise price of Rs. 1063.25/- per option under the Axis Bank Employees Stock Option Scheme 2000-01.

 

(b)    24,17,210 stock units at an exercise price of Rs. 2/- per unit under the Axis Bank Employees Stock Unit Scheme, 2022.

 

Disclosures as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure A.

 

This is for your information and records.

 

Thanking You.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

 

 

 

Sandeep Poddar

Company Secretary

 

http://www.rns-pdf.londonstockexchange.com/rns/0063M_1-2024-4-25.pdf

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCUVONRSKUSURR