REG - Axis Bank Ltd Axis Bank Ltd (144A) - Notice of the 30th AGM & Integrated Annual Report

Axis BankAnnouncement

28/06/2024 15:45

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RNS Number : 4254U  Axis Bank Limited  28 June 2024

 

AXIS/CO/CS/197/2024-25

 

June 28, 2024

 

Dear Sir/Madam,

 

SUB: NOTICE OF THE 30(TH) ANNUAL GENERAL MEETING (THE "AGM") AND THE
INTEGRATED ANNUAL REPORT OF AXIS BANK LIMITED (THE "BANK")

 

REF: REGULATIONS 30 AND 34 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE
REQUIREMENTS) REGULATIONS, 2015 (THE "SEBI LISTING REGULATIONS")

 

In reference to our letter no. AXIS/CO/CS/60/2024-25 dated April 25, 2024,
inter alia informing the exchanges about the 30(th) AGM of the Bank to be held
on July 26, 2024, through video conferencing / other audio-visual means, and
pursuant to Regulations 30 and 34 of the SEBI Listing Regulations, please find
enclosed herewith the Notice of the 30(th) AGM, dated April 25, 2024, (the
"Notice") and the Integrated Annual Report of the Bank for fiscal 2024.

 

The Notice and the Integrated Annual Report are also available on the website
of the Bank at

https://www.axisbank.com/shareholders-corner/shareholders-information/general-meeting
(https://www.axisbank.com/shareholders-corner/shareholders-information/general-meeting)
.

 

Brief details of the business(es) proposed to be transacted at the AGM are
enclosed as    Annexure A.

 

This is for your information and records.

 

Thanking You.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

 

 

 

Sandeep Poddar

Company Secretary

Encl: as above

 

http://www.rns-pdf.londonstockexchange.com/rns/4254U_1-2024-6-28.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/4254U_1-2024-6-28.pdf)

 

Annexure A

 

Brief details of the business(es) proposed to be transacted at the 30(th) AGM

 

 Sr. No.  Description                                                                      Type of Resolution
 Ordinary Business
 1.       Receive, consider and adopt the:                                                 Ordinary

          a)   audited standalone financial statements of the Bank, for the fiscal
          year ended March 31, 2024 and the reports of the Board of Directors and the
          Auditors thereon; and

          b)   audited consolidated financial statements, for the fiscal year ended
          March 31, 2024 together with the report of the Auditors thereon.
 2.       Declaration of dividend on the equity shares of the Bank, for the fiscal year    Ordinary
          ended March 31, 2024.
 3.       Re-appointment of Rajiv Anand (DIN: 02541753) as a director who retires by       Ordinary
          rotation and being eligible has offered himself for
                                    re-appointment.
 4.       Appointment of M/s. M M Nissim & Co. LLP, Chartered Accountants (Firm            Ordinary
          Registration No. 107122W / W100672), as one of the Joint Statutory Auditors of
          the Bank.
 5.       Appointment of M/s. KKC & Associates LLP, Chartered Accountants (Firm            Ordinary
          Registration No. 105146W / W100621), as one of the Joint Statutory Auditors of
          the Bank.
 Special Business
 6.       Re-appointment of Meena Ganesh (DIN: 00528252) as an Independent Director of     Special
          the Bank.
 7.       Re-appointment of G. Padmanabhan (DIN: 07130908), as an Independent Director     Special
          of the Bank.
 8.       Re-appointment of Amitabh Chaudhry (DIN: 00531120), as the Managing Director     Ordinary
          & CEO of the Bank.
 9.       Revision in the remuneration payable to Amitabh Chaudhry (DIN: 00531120),        Ordinary
          Managing Director & CEO of the Bank, with effect from April 1, 2024.
 10.      Revision in the remuneration payable to Rajiv Anand (DIN: 02541753), Deputy      Ordinary
          Managing Director of the Bank, with effect from April 1, 2024.
 11.      Revision in the remuneration payable to Subrat Mohanty (DIN: 08679444),          Ordinary
          Executive Director of the Bank, with effect from
                            April 1, 2024.
 12.      Revision in the remuneration payable to Munish Sharda (DIN: 06796060),           Ordinary
          Executive Director of the Bank, with effect from
                            April 1, 2024.
 13.      Borrowing / raising of funds in Indian rupees / foreign currency, by issue of    Special
          debt securities on a private placement basis for an amount of up to Rs. 35,000
          crore.
 14.      Raising of funds by issue of equity shares / depository receipts and / or any    Special
          other instruments or securities representing either equity shares and / or
          convertible securities linked to equity shares for an amount of upto Rs.
          20,000 crore.
 15.      Material related party transactions for acceptance of deposits in current /      Ordinary
          savings account or any other similar accounts permitted to be opened under
          applicable laws.
 16.      Material related party transactions for subscription of securities issued by     Ordinary
          the related parties and / or purchase of securities (of related or other
          unrelated parties) from related parties.
 17.      Material related party transactions for sale of securities (of related or        Ordinary
          other unrelated parties) to related parties.
 18.      Material related party transactions for issue of securities of the Bank to       Ordinary
          related parties, payment of interest and redemption amount thereof.
 19.      Material related party transactions for receipt of fees / commission for         Ordinary
          distribution of insurance products and other related business.
 20.      Material related party transactions for fund based or non-fund based credit      Ordinary
          facilities including consequential interest / fees.
 21.      Material related party transactions for money market instruments / term          Ordinary
          borrowing / term lending (including repo / reverse repo).
 22.      Material related party transactions pertaining to forex and derivative           Ordinary
          contracts.

 

 

 

 

 

 

 

 

 

 

 

 

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