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Name | Symbol | Market | Type |
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Axis Bank 144a | LSE:AXBA | London | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
TIDMAXB TIDMAXBA
RNS Number : 0433D
Axis Bank Limited
16 June 2023
AXIS/CO/CS/159/2023-24
June 16, 2023
Dear Sir(s),
REF.: DISCLOSURE UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.
SUB.: APPOINTMENT OF N. S. VISHWANATHAN AS THE NON EXECUTIVE (PART-TIME) CHAIRMAN OF AXIS BANK LIMITED ("BANK").
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Bank at its meeting held today i.e. Friday, June 16, 2023 has approved the appointment of N. S. Vishwanathan (DIN: 09568559), Independent Director as the Non-Executive (Part-time) Chairman of the Bank for a period of three years subject to approval of the shareholders of the Bank and the Reserve Bank of India.
His appointment will be effective from (i) October 27, 2023; or (ii) the date of approval of his appointment by Reserve Bank of India ("Approval") in case the Approval is not received prior to October 27, 2023.
N. S. Vishwanathan is not related to any other Director or Key Managerial Personnel of the Bank.
Further, in line with the Stock Exchange Circular dated June 20, 2018, it is hereby confirmed that he is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.
A brief profile of N. S. Vishwanathan i s enclosed as Annexure A.
A copy of press release is attached for your reference.
http://www.rns-pdf.londonstockexchange.com/rns/0433D_1-2023-6-16.pdf
This is for your information and records.
Thanking You.
With warm regards,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
Encl: as above
CC: London Stock Exchange
Singapore Stock Exchange
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(END) Dow Jones Newswires
June 16, 2023 08:53 ET (12:53 GMT)
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