AXIS/CO/CS/252/2023-24

August 9, 2023

Dear Sir(s),

Sub.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We wish to inform you that the Securities and Exchange Board of India vide its letter dated August 8, 2023 has issued an Administrative warning to Axis Trustee Services Limited ("ATSL"), wholly owned subsidiary of the Bank, for non-compliance of Regulation 18(6A) of the SEBI (Issue and Listing of Non-convertible Securities) Regulations, 2021 in respect of four Non-convertible Debenture issuances for which ATSL acted as a Trustee during the period from March 2023 to June 2023.

The relevant information as per the format prescribed by SEBI vide its circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is attached as an Annexure A.

This is for your information and records.

Thanking You.

With warm regards,

For Axis Bank Limited

Sandeep Poddar

Company Secretary

http://www.rns-pdf.londonstockexchange.com/rns/8301I_1-2023-8-9.pdf

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