RBI Approval
Summary by AI BETAClose X
AXIS/CO/CS/229/2026-27
July 7, 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,
REF: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS")
SUB: RE-APPOINTMENT OF N. S. VISHWANATHAN AS THE NON-EXECUTIVE (PART-TIME) CHAIRMAN OF THE BANK.
This is in continuation of our letter no. AXIS/CO/CS/50/2026-27 dated April 25, 2026 intimating you that the Board of Directors of the Bank had approved the re-appointment of N. S. Vishwanathan as a Non‑Executive (Part‑time) Chairman of the Bank for a further period of three years with effect from October 27, 2026 till October 26, 2029 (both days inclusive), subject to approval of the shareholders of the Bank and Reserve Bank of India ("RBI").
We now wish to inform you that the RBI vide its letter no. CO.DOR. HGG No.S2961/08-86-001/2026-27 dated July 7, 2026, has approved his re-appointment as the Non‑Executive (Part‑time) Chairman, subject to his re-appointment as an Independent Director in the normal course for the said term by the shareholders.
Please note that the proposals for his re-appointment as a Non‑Executive (Part‑time) Chairman and as an Independent Director forms part of the Notice dated April 25, 2026, relating to the 32nd Annual General Meeting, scheduled on Friday, July 31, 2026.
http://www.rns-pdf.londonstockexchange.com/rns/3890L_1-2026-7-7.pdf
This is for your information and records.
Thanking You.
With warm regards,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
CC: London Stock Exchange
Singapore Stock Exchange
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