Axis Bank Ltd.

With reference to news item appearing in ETNOWNEWS.COM/ECONOMIC TIMES, dated 27th May 2020, titled PE firm Carlyle may infuse $1 billion to own up to 8% of Axis Bank, Axis Bank has clarified that the news item is speculative and the Bank has not taken any such decision in this regard. As such no disclosure is required to be made under Reg. 30 of the Listing Regulations and the Bank shall keep the Exchange duly informed as and when any decision is taken by it in this matter.

The above information is a part of company’s filings submitted to BSE.