AXIS BANK LTD. - Intimation regarding issue of non convertible debt securities

AXIS Bank Ltd has informed BSE that the Bank proposes to raise funds by issuing Unsecured Redeemable Non-Convertible Subordinated Debenture (Basel- III Compliant Tier II Debenture Issue) of the face value of Rs. 10,00,000/- (Rupees Ten Lacs each) amounting to Rs. 2,000 crores plus green shoe option. The Board of Directors of the Bank will consider the proposal to issue and allot the above Securities through Circular Resolution.