Axis Bank Limited Re-Appointment of Amitabh Chaudhry as the MD CEO
October 24 2024 - 9:21AM
RNS Regulatory News
RNS Number : 5190J
Axis Bank Limited
24 October 2024
Dear Sir(s),
REF.: DISCLOSURE UNDER REGULATION 30 OF SEBI (LISTING
OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI
LISTING REGULATIONS").
SUB.:
RE-APPOINTMENT OF AMITABH CHAUDHRY AS THE MANAGING DIRECTOR &
CEO OF THE BANK.
This is in continuation of our letter
no. AXIS/CO/CS/56/2024-25 dated April 25, 2024 intimating you that
the Board of Directors of the Bank had approved the re-appointment
of Amitabh Chaudhry as the Managing Director & CEO of the Bank,
for a further period of 3 years, w.e.f. January 1, 2025 up to
December 31, 2027 (both days inclusive). Such reappointment was
subject to the approval of the Reserve Bank of India and the
shareholders of the Bank.
The said re-appointment was approved
by shareholders of the Bank at their 30th Annual General
Meeting held on July 26, 2024.
We now wish to inform you that the
Reserve Bank of India vide its letter no.
CO.HGG.DOR.No.S4419/08.86.001/2024-25 dated October 24, 2024, has
approved the re-appointment of Amitabh Chaudhry as the Managing
Director & CEO of the Bank, for a period of three years w.e.f.
January 1, 2025 till December 31, 2027 (both days
inclusive).
This is for your information and
records.
Thanking You.
Yours faithfully,
For
Axis Bank Limited
Sandeep Poddar
Company Secretary
CC: London Stock
Exchange
Singapore
Stock Exchange
http://www.rns-pdf.londonstockexchange.com/rns/5190J_1-2024-10-24.pdf
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