Axis Bank Grants 1,37,575 Stock Options to Employees

The Nomination and Remuneration Committee of Axis Bank, in its meeting held on July 16, 2025, approved the grant of 1,37,575 stock options to eligible employees under the Axis Bank Employees Stock Option Scheme 2000-01. The exercise price for these options is ₹1,165.90 per option.

Details of Stock Options GrantedParticulars

Details

Options Granted

1,37,575Exercise Price per Option

₹1,165.90Scheme

Axis Bank Employees Stock Option Scheme 2000-01

Vesting Period

• 1 year from the date of grant: 30%
• 2 years from the date of grant: 30%
• 3 years from the date of grant: 40%

Exercise Period

Within 5 years from the date of respective vesting

Stock Option Scheme DetailsThe grant is in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. These options represent 1,37,575 equity shares of ₹2 each.Pricing FormulaThe options were granted at the latest available current price prevailing on NSE, which recorded the highest trading volume in the equity shares of the Bank on July 15, 2025, the trading day immediately preceding the grant approval date.Vesting ScheduleThe granted options will vest as follows:

• 30% of the granted options will vest at the end of 1 year from the date of grant.
• 30% of the granted options will vest at the end of 2 years from the date of grant.
• 40% of the granted options will vest at the end of 3 years from the date of grant.

Exercise Period

The options can be exercised within a period of 5 years from the date of their respective vesting.

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