REG - Axis Bank Ltd Axis Bank Ltd (144A) - Notice And Integrated Annual Report

Axis BankAnnouncement

27/06/2025 07:30

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RNS Number : 7263O  Axis Bank Limited  27 June 2025

 

AXIS/CO/CS/147/2025-26

 

June 27, 2025

 

 National Stock Exchange of India Limited  BSE Limited

 Exchange Plaza, 5(th) Floor               1(st) Floor,

 Plot No. C/1, "G" Block                   P. J. Towers,

 Bandra-Kurla Complex                      Dalal Street

 Bandra (E), Mumbai - 400 051              Fort, Mumbai - 400 001

 NSE Symbol: AXISBANK                      BSE Scrip Code: 532215

 

Dear Sir/Madam,

 

SUB: NOTICE OF THE 31(ST) 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/31/2025-26 dated April 25, 2025,
inter alia, informing the exchanges about the 31(st) AGM of the Bank to be
held on Friday, July 25, 2025, 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 31(st) AGM, dated April 25,
2025, (the "Notice") and the Integrated Annual Report of the Bank for fiscal
2025.

 

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.

http://www.rns-pdf.londonstockexchange.com/rns/7263O_1-2025-6-27.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7263O_1-2025-6-27.pdf)

Thanking You.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

 

 

Sandeep Poddar

Company Secretary

Encl.: as above

 

CC:

London Stock Exchange

Singapore Stock Exchange

Annexure A

 

Brief details of the business(es) proposed to be transacted at the 31(st) 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 31 March, 2025 and the reports of the Board of Directors and the
          Auditors thereon;

          b)   audited consolidated financial statements, for the fiscal year ended 31
          March, 2025 and the report of the Auditors thereon.
 2.       Declaration of dividend on the equity shares of the Bank, for the fiscal year    Ordinary
          ended 31 March, 2025.
 3.       Re-appointment of Mini Ipe (DIN: 07791184)) as a director, who retires by        Ordinary
          rotation and being eligible, has offered herself for re-appointment.
 Special Business
 4.       Appointment of M/s. Bhandari & Associates, Company Secretaries (Firm             Ordinary
          Registration No. P1981MH043700), as the Secretarial Auditors of the Bank.
 5.       Revision in the remuneration payable to Amitabh Chaudhry                         Ordinary
                                   (DIN: 00531120), Managing
          Director & CEO of the Bank, with effect from 1 April, 2025.
 6.       Revision in the remuneration payable to Subrat Mohanty                           Ordinary
                                          (DIN:
          08679444), Executive Director of the Bank, with effect
          from                   1 April, 2025.
 7.       Revision in the remuneration payable to Munish Sharda                            Ordinary
                                          (DIN:
          06796060), Executive Director of the Bank, with effect
          from                   1 April, 2025.
 8.       Enhancement of borrowing limit of the Bank up to Rs. 3,00,000 crores under       Special
          Section 180 (1)(c) of the Companies Act, 2013.
 9.       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
          crores.
 10.      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 up to Rs.
          20,000 crores.
 11.      Material related party transactions with Life Insurance Corporation of India     Ordinary
          (Promoter).
 12.      Material related party transactions with LIC Housing Finance Limited (Promoter   Ordinary
          group entity).
 13.      Material related party transactions with IDBI Bank Limited (Promoter group       Ordinary
          entity).
 14.      Material related party transactions with Axis Max Life Insurance Limited         Ordinary
          (Associate).

 

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