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Axis Bank Ltd (AXB)

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Friday 15 January, 2021

Axis Bank Ltd

Change in Directors of the Bank

RNS Number : 8978L
Axis Bank Limited
15 January 2021
 

AXIS/CO/CS/480/2020-21

 

15th January 2021

 

 

 
             Dear Sir(s), 

 

SUB.:  CESSATION OF TENURE OF SHRI ROHIT BHAGAT, AS AN INDEPENDENT DIRECTOR OF AXIS BANK LIMITED.

REF.:  DISCLOSURE UNDER REGULATION 30 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.

 

This is to inform you that Shri Rohit Bhagat, Independent Director of the Bank has ceased to be an Independent Director of the Bank, with effect from the close of business hours on Friday, 15th January 2021, upon completion of the maximum permissible tenure of 8 continuous years, under Section 10A(2A) of the Banking Regulation Act, 1949.

 

On behalf of all Employees and the Directors of the Bank, we would like to acknowledge the invaluable contributions rendered by Shri Rohit Bhagat during his tenure as an Independent Director of the Bank and place on record our deep appreciation for the insightful perspectives and suggestions provided by him at the meetings of the Board/Committees of the Bank.

 

You are requested to take the above on record and arrange to bring this to the notice of all concerned.

 

Thanking You.

 

Yours sincerely,

For Axis Bank Limited

 

 

 

Girish V. Koliyote

Company Secretary

 

 

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