Axis Bank Limited RBI Approval for appointment of Subrat Mohanty (6912J)

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RNS Number : 6912J

Axis Bank Limited

17 August 2023

AXIS/CO/CS/261/2023-24

August 17, 2023

Dear Sir(s),

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

SUB.: RBI APPROVAL - APPOINTMENT OF SUBRAT MOHANTY AS EXECUTIVE DIRECTOR OF AXIS BANK LIMITED ("BANK").

We refer to our letter no. AXIS/CO/CS/57/2023-24 dated April 28, 2023, informing that the Board of Directors of the Bank has approved the appointment of Subrat Mohanty (DIN: : 08679444), as an Whole-time Director, designated as "Executive Director" of the Bank (including his terms and conditions and remuneration), effective from (i) May 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 August 17, 2023, has approved the appointment of Subrat Mohanty as "Executive Director" of the Bank for a period of three years, w.e.f. August 17, 2023.

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

http://www.rns-pdf.londonstockexchange.com/rns/6912J_1-2023-8-17.pdf

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August 17, 2023 11:46 ET (15:46 GMT)