25 Apr 2024 07:43
AXIS/CO/CS/57/2024-25
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April 25, 2024
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Dear Sir/Madam,
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REF.: | DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 |
SUB.: | GRANT OF STOCK OPTIONS/UNITS |
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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:
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(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.
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(b) 24,17,210 stock units at an exercise price of Rs. 2/- per unit under the Axis Bank Employees Stock Unit Scheme, 2022.
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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.
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This is for your information and records.
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Thanking You.
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Yours faithfully,
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For Axis Bank Limited
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Sandeep Poddar
Company Secretary
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http://www.rns-pdf.londonstockexchange.com/rns/0063M_1-2024-4-25.pdf