Appointment of Non-Executive (Part-time) Chairman

AXIS/CO/CS/159/2023-24

June 16, 2023

Dear Sir(s),

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

SUB.: APPOINTMENT OF N. S. VISHWANATHAN AS THE NON EXECUTIVE (PART-TIME) CHAIRMAN OF AXIS BANK LIMITED ("BANK").

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Bank at its meeting held today i.e. Friday, June 16, 2023 has approved the appointment of N. S. Vishwanathan (DIN: 09568559), Independent Director as the Non-Executive (Part-time) Chairman of the Bank for a period of three years subject to approval of the shareholders of the Bank and the Reserve Bank of India. 

His appointment will be effective from (i) October 27, 2023; or (ii) the date of approval of his appointment by Reserve Bank of India ("Approval") in case the Approval is not received prior to October 27, 2023.

N. S. Vishwanathan is not related to any other Director 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 of N. S. Vishwanathan is enclosed as Annexure A.

A copy of press release is attached for your reference.

 http://www.rns-pdf.londonstockexchange.com/rns/0433D_1-2023-6-16.pdf

This is for your information and records.

Thanking You.

With warm regards,

For Axis Bank Limited

Sandeep Poddar

Company Secretary

Encl: as above

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