Axis Bank Limited's Board of Directors, in a meeting held on April 24, 2025, took the following key decisions:

• Recommended a final dividend of ₹1/- per equity share, representing 50% of the face value (₹2/- each), for the financial year ended March 31, 2025. Payment is subject to approval by shareholders at the ensuing 31st Annual General Meeting (AGM) and applicable statutory approvals, and will be made within 30 days from the conclusion of the AGM if approved.
• Approved raising funds up to ₹35,000 crore through the issuance of debt instruments in Indian or foreign currency. This includes various types such as long term bonds, masala bonds, sustainable/ESG Bonds, optionally/compulsorily convertible debentures, non-convertible debentures, perpetual debt instruments, AT 1 Bonds, Infrastructure Bonds, and Tier II Capital Bonds, subject to shareholder approval.
• Approved raising funds up to ₹20,000 crore through the issuance of equity shares, depository receipts, or other equity-linked instruments/securities. This can be done through modes like Qualified Institutions Placement (QIP), American Depository Receipts (ADRs), Global Depository Receipts (GDRs) program, preferential allotment, or other permissible modes, subject to shareholder and statutory/regulatory approvals.
• Approved an increase in the Bank's borrowing limit (excluding deposits from the public in the ordinary course of business and certain temporary loans) up to an amount of ₹3,00,000 crore, subject to shareholder and statutory/regulatory approvals.