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On October 15, 2025, the Board of Directors of Axis Bank Limited approved the Amended and Restated Deposit Agreement. This agreement includes amendments to the Deposit Agreement governing Global Depositary Receipts (GDRs) to grant voting rights to GDR holders, subject to Reserve Bank of India approval and their holdings conforming with Section 12B of the Banking Regulation Act, 1949.
| Date | 15 Oct 2025 |
| Time | 15:08:46 |
| Category | Miscellaneous |
| ID | 5354D |
AXIS/CO/CS/345/2025-26
October 15, 2025
|
National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, "G" Block Bandra-Kurla Complex Bandra (E), Mumbai - 400 051
NSE Symbol: AXISBANK |
BSE Limited 1st Floor, P. J. Towers, Dalal Street Fort, Mumbai - 400 001
BSE Scrip Code: 532215 |
Dear Sir/ Madam,
|
SUB.: |
Approval of the Amended and Restated Deposit Agreement |
We would like to inform you that the Board of Directors of Axis Bank Limited (the "Bank") at its meeting held today, i.e., October 15, 2025, has approved the Amended and Restated Deposit Agreement which includes certain amendments to the Deposit Agreement governing the Global Depositary Receipts ("GDRs") issued by the Bank, subject to approval of Reserve Bank of India.
The amendments inter alia pertain to the grant of voting rights by the Bank to the holders of the GDRs, which would be subject to such holders demonstrating that their holdings are in conformity with Section 12B of the Banking Regulation Act, 1949 read with applicable master directions and guidelines, each as amended from time to time.
The Board meeting commenced at 11:30 am (IST) and concluded at 6:50 pm (IST).
This is for your information and records.
Thank you.
Yours faithfully,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
Encl: as above
CC:
London Stock Exchange
Singapore Stock Exchange
http://www.rns-pdf.londonstockexchange.com/rns/5354D_1-2025-10-15.pdf