Result of AGM

OUTCOME OF ANNUAL GENERAL MEETING HELD ON 27TH JUNE, 2014

This is to inform that the 20th Annual General Meeting of the shareholders of Axis Bank Limited was held on 27th June, 2014 and the following resolutions have been passed with requisite majority:

1. Adoption of Financial Statements for the year ended 31st March, 2014.

2. Re-appointment of Shri K. N. Prithviraj as Director.

3. Re-appointment of Shri V. Srinivasan as Director.

4. Approval of Dividend on the Equity Shares of the Bank.

5. Appointment of S. R. Batliboi & Co. LLP, Chartered Accountants, Mumbai, as Statutory Auditors.

6. Appointment of Smt. Usha Sangwan as a Director.

7. Revision in remuneration of Dr. Sanjiv Misra, Chairman.

8. Revision in remuneration of Smt. Shikha Sharma, Managing Director & CEO.

9. Revision in remuneration of Shri Somnath Sengupta, Executive Director & Head (Corporate Centre).

10. Revision in remuneration of Shri V. Srinivasan, Executive Director & Head (Corporate Banking).

11. Amendment in Employee Stock Option Scheme.

12. Borrowing limit of the Bank under section 180 (1)(c) of the Companies Act, 2013

13. Borrowing/Raising funds by issue of debt Instruments.

14. Sub-division of Equity Shares of the Bank.

15. Alteration in Memorandum of Association of the Bank.

16. Alteration in Articles of Association of the Bank.