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On July 24, 2025, Axis Bank Limited's Board of Directors revised the vesting period for 185,537 options stock granted under the Axis Bank Employees Stock Option Scheme - 2000-01. The vesting structure changed from 30%, 30%, and 40% over three years to an equal 25% annually over four years, commencing after one year from the grant date. All other terms and conditions of these grants, including exercise price, remain unchanged.
| Date | 24 Jul 2025 |
| Time | 16:04:39 |
| Category | Miscellaneous |
| ID | 4898S |
Sub.: Revision in Vesting Period - Axis Bank Employees Stock Option Scheme - 2000-01
Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations").
In furtherance to our letter no. AXIS/CO/CS/30/2025-26 dated April 25, 2025 on the captioned subject, we wish to inform you that, based on the directions received from the Reserve Bank of India and on recommendations of the Nomination and Remuneration Committee, the Board of Directors of Axis Bank Limited has today i.e. July 24, 2025, revised the vesting of 1,85,537 options stock granted under Axis Bank Employees Stock Option Scheme - 2000-01 equally over 4 (four) years @ 25% every year (commencing on expiry of one year from the date of grant) as compared to vesting of 30%, 30% and 40% options at the end of one year, two year and third year, respectively. All other terms and conditions of the above grants, including exercise price, remains unchanged.
Please note that the above matter was passed through circulation at 4.26 p.m.
This is for your information and records.
http://www.rns-pdf.londonstockexchange.com/rns/4898S_1-2025-7-24.pdf