AXIS BANK LTD. - OUTCOME OF 207TH BOARD MEETING OF AXIS BANK LIMITED HELD ON 2ND JULY 2020.

Please take note that the Board at its meeting held today has approved the proposal relating to raising of funds not exceeding ? 15,000 crores (Rupees Fifteen Thousand crores only), through issue of equity shares/ depository receipts and/or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares including through Qualified Institutions Placement (QIP)/ American Depository Receipts (ADRs)/ Global Depository Receipts (GDRs) program, preferential allotment or such other permissible mode or combinations as may be considered appropriate by the Board<BR>