Execution of Share Purchase Subscription Agreement and Shareholders Agreement

• Security Code: 532215
• Company: AXISBANK

With reference to the earlier letter dated May 24, 2016, AXIS Bank Ltd has now informed BSE that the Bank has signed tripartite Share Subscription Agreement and Shareholders Agreement (together "the Agreements’’) with A.Treds Limited (a subsidiary company of the Bank, the "Company") and mjunction services limited (a joint venture between Tata Steel Limited and Steel Authority of India Limited, “Mjunction”). Pursuant to the execution of the Agreements, the Bank has invested INR 16.50 crore and Mjunction has invested INR 8.25 crore in the Company (the "Transaction").