REG - Axis Bank Ltd - Appointment of Manoj Kohli

Axis BankAnnouncement

17/06/2022 13:30

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RNS Number : 3284P  Axis Bank Limited  17 June 2022

 

AXIS/CO/CS/145/2022-23

 
 

June 17, 2022

 

Dear Sir(s),

 

SUB: APPOINTMENT OF MANOJ KOHLI AS AN ADDITIONAL INDEPENDENT DIRECTOR OF AXIS
BANK LIMITED ("BANK").

 

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

 

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we would like to inform you that in terms of
the applicable laws and based on the recommendations of Nomination and
Remuneration Committee, the Board of Directors at its meeting held today i.e.
Friday, June 17, 2022 has appointed Manoj Kohli as an Additional Independent
Director of the Bank for a period of four years with effect from June 17, 2022
up to June 16, 2026 (both days inclusive).

 

He will hold office as an Additional Independent Director of the Bank up to
the date of the ensuing 28(th) Annual General Meeting of the Bank and his
appointment is subject to approval of shareholders. During his tenure as an
Independent Director of the Bank, he shall not be liable to retire by
rotation, in terms of Section 149(13) of the Companies Act, 2013.

 

Manoj Kohli is not related to any of the Directors 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 Manoj Kohli is enclosed as Annexure A.

http://www.rns-pdf.londonstockexchange.com/rns/3284P_1-2022-6-17.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/3284P_1-2022-6-17.pdf)

 

This is for your information and records.

 

Thanking you,

 

Yours Sincerely,

For Axis Bank Limited

 

 

 

 

Sandeep Poddar

Company Secretary

 

Encl: As above

 

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