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Cessation of Independent Director

10th Feb 2023 13:27

RNS Number : 6179P
Axis Bank Limited
10 February 2023
 

 

 

AXIS/CO/CS/549/2022-23

 

February 10, 2023

Dear Sir(s),

 

SUB.: CESSATION OF TENURE OF S. VISHVANATHAN, AS AN INDEPENDENT DIRECTOR OF AXIS BANK LIMITED

REF.: DISCLOSURE UNDER REGULATION 30 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

 

This is to inform you that S. Vishvanathan (DIN: 02255828), Independent Director of the Bank has ceased to be a member of the Board of Directors (the Board) of the Bank, with effect from the close of business hours on Friday, February 10, 2023, upon completion of the maximum permissible tenure of eight years, under Section 10A(2A) of the Banking Regulation Act, 1949.

 

We would like to acknowledge the invaluable contributions rendered by S. Vishvanathan during his tenure as an Independent Director and place on record our deep appreciation for his guidance as a member of the Board.

 

This is for your information and records.

 

Thanking You.

 

With warm regards,

 

For Axis Bank Limited

 

 

 

 

Sandeep Poddar

Company Secretaryhttp://www.rns-pdf.londonstockexchange.com/rns/6179P_1-2023-2-10.pdf

 

 

 

 

 

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