Axis Bank Limited

No. 1133/1135, Avinashi Road Pappanaickenpalayam
Coimbatore — 641 037

Tamil Nadu, India

Tel: (91) 80986 00901

E-mail: Coimbatore.branchhead@axisbank.com
Website: www.axisbank.com

Contact Person: R. Santhanakrishnan

Grading of the Offer

No credit agency registered with SEBI has been appointed in respect of obtaining grading for the Offer.
Appraising Entity

None of the objects for which the Net Proceeds will be utilized has been appraised by any agency.
Monitoring Agency

Our Company has appointed Axis Bank Limited as the Monitoring Agency for monitoring the utilisation of the
Net Proceeds from the Fresh Issue in accordance with Regulation 41 the SEBI ICDR Regulations.

Axis Bank Limited

No. 1133/1135, Avinashi Road Pappanaickenpalayam
Coimbatore — 641 037

Tamil Nadu, India

Tel: (91) 80986 00901

E-mail: Coimbatore.branchhead@axisbank.com
Website: www.axisbank.com

Contact Person: R. Santhanakrishnan

SEBI Registration No.: INBI00000017

As required under the SEBI Listing Regulations, the Audit Committee appointed by the Board shall monitor the
utilization of the proceeds of the Offer. We will disclose the utilization of the proceeds of the Offer under a
separate head along with details, if any, in relation to all such proceeds of the Offer that have not been utilized
thereby also indicating investments, if any, of such unutilized proceeds of the Offer in our balance sheet for the
relevant Fiscals.

Credit Rating

As the Offer is of Equity Shares, credit rating is not required.

Trustees

As the Offer is of Equity Shares, the appointment of trustees is not required.

Filing

A copy of the Draft Red Herring Prospectus has been filed at Corporation Finance Department, Division of Issues
and Listing, SEBI Bhavan, Plot No. C4 A, ‘G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051,
India and electronically on the SEBI’s online portal and at cfddil@sebi.gov.in, in accordance with the instructions
issued by SEBI on March 27, 2020, in relation to “Easing of Operational Procedure —Division of Issues and Listing
—CFD”

A copy of the Red Herring Prospectus, along with the documents required to be filed, have been delivered to the
RoC in accordance with Section 32 of the Companies Act 2013, and a copy of this Prospectus required to be filed

under Section 26 of the Companies Act 2013 will be delivered to the RoC situated at the address mentioned below
/ through the electronic portal at http://www.mca.gov.in/mcafoportal/loginvalidateuser.do:

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