Last checked at 29 Dec 2021 07:00
AXIS/CO/CS/520/2021-22
December 27, 2021
Dear Sir(s),
SUB: RE-DESIGNATION OF RAJIV ANAND AS DEPUTY MANAGING DIRECTOR OF THE BANK.
REF: REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS")
This is in continuation of our letter no. AXIS/CO/CS/378/2021-22 dated October 27, 2021 intimating you about the decision of the Board of Directors of the Bank at its meeting held on October 26, 2021 which continued on October 27, 2021, relating to the re-designation of Rajiv Anand as the Deputy Managing Director of the Bank, subject to the approval of the Reserve Bank of India and the Shareholders of the Bank and with effect from such date as may be approved by the Reserve Bank of India.
In this regard, we wish to inform you that the Reserve Bank of India vide its letter dated December 27, 2021, has approved the re-designation of Rajiv Anand as the Deputy Managing Director of the Bank from the date of its communication and co-terminus with his approved term of appointment till August 3, 2022 (both days inclusive).
You are requested to take note of above and arrange to bring it to the notice of all concerned.
Thanking You.
Yours Sincerely,
For Axis Bank Limited
Puneet Sharma
President & Chief Financial Officer