REG - Axis Bank Ltd Axis Bank Ltd (144A) - RE-DESIGNATION

Axis BankAnnouncement

29/12/2021 07:00

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RNS Number : 8159W  Axis Bank Limited  27 December 2021

AXIS/CO/CS/520/2021-22

 

December 27, 2021

Dear Sir(s),

 

SUB:  RE-DESIGNATION OF RAJIV ANAND AS DEPUTY MANAGING DIRECTOR OF THE BANK.

 

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

 

This is in continuation of our letter no. AXIS/CO/CS/378/2021-22 dated October
27, 2021 intimating you about the decision of the Board of Directors of the
Bank at its meeting held on October 26, 2021 which continued on October 27,
2021, relating to the re-designation of Rajiv Anand as the Deputy Managing
Director of the Bank, subject to the approval of the Reserve Bank of India and
the Shareholders of the Bank and with effect from such date as may be approved
by the Reserve Bank of India.

 

In this regard, we wish to inform you that the Reserve Bank of India vide its
letter dated December 27, 2021, has approved the re-designation of Rajiv Anand
as the Deputy Managing Director of the Bank from the date of its communication
and co-terminus with his approved term of appointment till August 3, 2022
(both days inclusive).

 

You are requested to take note of above and arrange to bring it to the notice
of all concerned.

 

Thanking You.

 

Yours Sincerely,

For Axis Bank Limited

 

 

 

Puneet Sharma

President & Chief Financial Officer

 

 

 

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