REG - Axis Bank Ltd - Directorate Change - CESSATION <Origin Href="QuoteRef">AXBK.NS</Origin>

Axis BankAnnouncement

11/10/2017 14:11

RNS Number : 3438T
Axis Bank Limited
11 October 2017
AXIS/CO/CS/523/2017-18
11th October 2017
Dear Sir(s),
SUB: CESSATION OF SHRI V. R. KAUNDINYA, INDEPENDENT DIRECTOR OF AXIS BANK LIMITED 
REF: REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS") 
This is to inform you that Shri V. R. Kaundinya, has ceased to hold office as the Independent Director of the Bank, with effect from the close of business hours on Wednesday, 11th October 2017, upon completion of the maximum permissible tenure of 8 continuous years, under Section 10A (2A) of the Banking Regulation Act, 1949. 
On behalf of the Employees & Directors of the Bank, we place on record the invaluable contributions rendered by Shri V. R. Kaundinya and our deep appreciation for the insightful perspectives and suggestions provided by him during the deliberations at the meetings of the Board and the Committees thereof, during his tenure as an Independent Director of the Bank. 
You are requested to take the above on record and bring this to the notice of all concerned.
Kindly acknowledge receipt.
Thanking you, 
Yours Sincerely,
For Axis Bank Limited
Girish V. Koliyote 
Company Secretary 
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