Update

Axis Bank Limited

18 July 2026

 

AXIS/CO/CS/262/2026-27

July 18, 2026

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, "G" Block Bandra-Kurla Complex Bandra (E), Mumbai - 400 051 NSE Symbol: AXISBANK

BSE Limited P. J. Towers, Dalal Street Fort, Mumbai - 400 001 BSE Scrip Code: 532215

Dear Sir/Madam,

SUB.:	DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS")

This is with reference to our letter no. AXIS/CO/CS/208/2026-27 dated June 29, 2026, intimating about the resignation of Puneet Sharma as Chief Financial Officer and Key Managerial Personnel of the Bank.

We now wish to inform you that based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the Board of Directors of the Bank at its meeting held today i.e.  July 18, 2026, has approved the appointment of Rajeev Mantri as the Chief Financial Officer ("CFO") and a Key Managerial Personnel of the Bank with effect from September 28, 2026. He would be part of the Senior Management of the Bank.

He satisfies the qualifications/ conditions prescribed under the Reserve Bank of India (Commercial Banks - Governance) Directions, 2025, for appointment of a CFO.

The details required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A.

The meeting commenced at 9.00 am (IST) and concluded at 3:55 pm (IST).

This is for your information and records.

http://www.rns-pdf.londonstockexchange.com/rns/9021M_1-2026-7-18.pdf

Thanking You.

With warm regards,

For Axis Bank Limited

Sandeep Poddar

Company Secretary

CC: 

London Stock Exchange

Singapore Stock Exchange

Annexure A

Sr No.	Particulars	Name:
1	Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise	Appointment of Rajeev Mantri as the Chief Financial Officer and Key Managerial Personnel of the Bank.
2	Date of appointment/re-appointment/cessation (as applicable) & term of appointment/re-appointment	The effective date of appointment is September 28, 2026. Term - Full-time employment
3	Brief profile (in case of appointment)	Rajeev Mantri, age 49 years, is a seasoned financial services leader with nearly three decades of experience across banking, financial services, credit information, consumer goods and international financial institutions. Rajeev Mantri, as the Executive President and Chief Financial Officer at Bandhan Bank, leads all aspects of Finance and Strategy across a 150+ member team spanning financial planning and analysis, accounting, controls, reporting, balance sheet, capital and cost management, tax, procurement, payments and investor relations. He brings deep expertise in banking finance, strategy, regulatory engagement, and business transformation, built over a distinguished career across leading global and Indian banks including Citibank, Standard Chartered, and Mashreq across India, Singapore and UAE. A Chartered Accountant from ICAI India and Global Executive MBA from INSEAD Business School, Singapore, Rajeev is known for driving strategic planning, strong governance, and robust financial controls.
4	Disclosure of relationships between directors (in case of appointment of a director)	Not Applicable

 

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