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Directorate Change

8th Jan 2016 14:26

RNS Number : 3343L
Axis Bank Limited
08 January 2016
 

 

AXIS/CO/CS/792/2015-16

 

8th January, 2016

 

Dear Sir(s),

 

SUB: CESSATION OF SHRI K. N. PRITHVIRAJ, NON-EXECUTIVE 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 K. N. Prithviraj, Nominee of SUUTI has ceased to hold office as the Non-Executive Director of the Bank, with effect from the close of business hours on 8th January, 2016, upon completion of the maximum permissible tenure of 8 continuous years, under Section 10 - A (2-A) 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 K. N. Prithviraj 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 a Non-Executive 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

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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