REG - Axis Bank Ltd Axis Bank Ltd (144A) - Appointment of Joint Statutory Auditors

Axis BankAnnouncement

19/04/2024 10:45

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RNS Number : 3422L  Axis Bank Limited  19 April 2024

AXIS/CO/CS/41/2024-25

 

April 19, 2024

 

Dear Sir(s),

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

SUB.: APPOINTMENT OF JOINT STATUTORY AUDITORS OF AXIS BANK LIMITED (THE
"BANK")

This is to inform that, in terms of guidelines issued by the Reserve Bank of
India on April 27, 2021 on appointment of Statutory Central Auditors (SCAs) /
Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs
(including HFCs) [the "RBI Guidelines"], and pursuant to the RBI's letter
dated April 18, 2024, approving the names of M/s. M M Nissim & Co., LLP,
Chartered Accountants (Firm Registration No. 107122W/W100672) and M/s. KKC
& Associates LLP, Chartered Accountants (Firm Registration No.
105146W/W100621), as Joint Statutory Auditors of the Bank, for their first
year i.e. FY 2024-25, the Board of the Directors of the Bank (the "Board")
today has recommended their appointment for the approval of the shareholders
at the ensuing Annual General Meeting, to hold the office from the conclusion
of the 30(th) Annual General Meeting of the Bank until the conclusion of the
33(rd) Annual General Meeting of the Bank, and on such terms and conditions,
including remuneration, as may be approved by the Audit Committee of the Board
of the Bank, subject to approval of the RBI every year.

 

The brief profiles of Joint Statutory Auditors are enclosed herewith as
Annexure A.

 http://www.rns-pdf.londonstockexchange.com/rns/3422L_1-2024-4-19.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/3422L_1-2024-4-19.pdf)

This is for your information and records.

 

Thanking You.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

 

 

 

Sandeep Poddar

Company Secretary

 

 

 

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