Appointment of Executive Director

Axis Bank Limited

27 February 2024

 

AXIS/CO/CS/643/2023-24

February 27, 2024

Dear Sir(s),

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

SUB.: RBI APPROVAL - APPOINTMENT OF MUNISH SHARDA AS AN EXECUTIVE DIRECTOR OF AXIS BANK LIMITED ("BANK").

We refer to our letter no.  AXIS/CO/CS/390/2023-24 dated October 26, 2023, informing that the Board of Directors of the Bank has approved the appointment of Munish Sharda (DIN: 06796060), as a Whole-time Director, designated as "Executive Director" of the Bank (including his terms and conditions and remuneration), effective from (i) November 1, 2023; or (ii) the date of approval of his appointment by Reserve Bank of India ("RBI"), whichever is later.

In this regard, we now wish to inform you that the RBI vide its letter dated February 27, 2024, has approved the appointment of Munish Sharda as "Executive Director" of the Bank for a period of three years, w.e.f. February 27, 2024. 

This is for your information and records.

Thanking You.

With warm regards,

For Axis Bank Limited

Sandeep Poddar

Company Secretary

http://www.rns-pdf.londonstockexchange.com/rns/6590E_1-2024-2-27.pdf

 

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