Annonce • Jun 30
Axis Bank Limited Announces Resignation of Puneet Sharma from Chief Financial Officer Role, Effective August 31, 2026 Axis Bank Limited announced that Puneet Sharma, Chief Financial Officer of the Bank, tendered his resignation on June 28, 2026 to pursue the next phase of his professional journey. He will be relieved from the services of the Bank at the close of business on August 31, 2026 and shall cease to be the key managerial personnel and a part of senior management of the Bank with effect from that date. Annonce • Jun 19
Axis Bank Limited to Report Q1, 2027 Results on Jul 18, 2026 Axis Bank Limited announced that they will report Q1, 2027 results at 12:15 PM, Indian Standard Time on Jul 18, 2026 Annonce • Apr 30
Axis Bank Limited Changes in Senior Management Personnel, Effective April 25, 2026 The Board of Directors of Axis Bank Limited at its meeting held on April 25, 2026, has designated the following officials of the Bank as Senior Management Personnel: Sanjeev Moghe, Head Branch Banking, South with effect from April 25, 2026; Avinash Raghavendra, Head IT and Retail Operations with effect from April 25, 2026. Sanjeev Moghe is President and Head of Branch Banking (South) at Axis Bank, as part of his role he also leads the Branch Control Unit (BCU), heading the controls charter for the entire Axis branch network, nationally. He has deep experience across cards, payments, and retail financial services, and has played a key role in scaling large consumer
businesses with a focus on profitable growth, customer experience, and risk discipline. Prior to joining Axis Bank in 2018, he held senior leadership roles at Citigroup and Bajaj Finance. He is an alumnus of IIM Calcutta
and holds a Bachelor's degree in Metallurgical Engineering from IIT Bombay. Avinash Raghavendra is President and Head of Information Technology and Retail Operations at Axis Bank. With nearly three decades at the Bank, he has led enterprise wide technology and operations portfolios, focusing on modernising core banking platforms, strengthening digital and payments infrastructure, and building operational resilience at scale. He holds a Master's degree in Information Management and a Master's degree in Commerce from the University of Mumbai and is a Certified Information Systems Auditor (CISA). Annonce • Apr 27
Axis Bank Limited, Annual General Meeting, Jul 31, 2026 Axis Bank Limited, Annual General Meeting, Jul 31, 2026. Annonce • Apr 25
Axis Bank Limited Recommends Final Dividend for the Financial Year Ended March 31, 2026 Axis Bank Limited at its Board of Directors meeting held on April 25, 2026 recommended a final dividend of INR 1/- per equity share (face value of INR 2/- each) i.e., 50% of the face value, for the financial year ended March 31, 2026, subject To Approve the members of the Bank at the ensuing 32nd Annual General Meeting ("AGM") and applicable statutory approval, if any. The dividend, if approved, will be paid within 30 days from the date of conclusion of the AGM. Annonce • Apr 16
Axis Bank Limited to Report Q4, 2026 Results on Apr 25, 2026 Axis Bank Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on Apr 25, 2026 Annonce • Jan 27
Axis Bank Limited Announces Executive Changes Axis Bank Limited announced that pursuant to the retirement of Prashant Joshi, Chief Credit Officer of the Bank, with effect from close of business hours of June 30, 2026, Sudipto Nag has been appointed as Chief Credit Officer of the Bank with effect from July 1, 2026. Consequent to the above change, Sudipto Nag will become senior management personnel and Prashant Joshi will cease to be senior management personnel under the provisions of the extant laws from the above-referred respective dates. Sudipto Nag is a senior banking professional with expertise in credit policy design, portfolio risk management, debt servicing, governance, and enterprise-wide credit risk management. As President & Head - Retail Portfolio Management Group at Axis Bank Limited, he oversees credit portfolio strategy and performance across retail, SME, and rural lending. Further, he is driving innovation across the credit lifecycle by leveraging AI to strengthen risk assessment, debt allocation design and debt service management, while ensuring strong asset quality and NPA containment. In his 24 year career in financial services, Sudipto has held leadership roles across business, credit, and collections in large private sector banks, steering portfolios through multiple credit cycles with a focus on establishing, strengthening and and modernizing credit policy frameworks. Sudipto is an MBA from Utkal University. Annonce • Jan 19
Axis Bank Limited Announces Directorate Appointments Axis Bank Limited announced resolutions as set out in our postal ballot notice dated December 18, 2025, have been passed the appointed of Neeraj Gambhir as Director and Whole-time Director (designated as Executive Director) of the Bank. Axis Bank Limited appointed Malavika R. Harita as an Independent Director of the Bank. Annonce • Jan 08
Axis Bank Limited to Report Q3, 2026 Results on Jan 26, 2026 Axis Bank Limited announced that they will report Q3, 2026 results on Jan 26, 2026 Annonce • Dec 20
Axis Bank Ltd Appoints Malavika R Harita as Additional Independent Director, Effective December 18, 2025 Axis Bank Ltd. has appointed Malavika R Harita as an additional independent director for a four-year term, effective December 18, 2025, until December 17, 2029, as per a regulatory filing with the BSE. Harita brings over four decades of experience in marketing, communications, and entrepreneurship. She founded and led Saatchi & Saatchi Focus in India as CEO for 25 years, overseeing a broad portfolio spanning B2B, B2C, employee engagement, and healthcare brands. In 2018, she set up Brand Circle, a marketing and strategy consultancy. She is a resident mentor at NSRCEL, IIM Bangalore, and actively mentors start-ups across profit and non-profit sectors. Harita also serves as chairperson of the Atal Innovation Mission at IIM Visakhapatnam, sits on the boards of governors of IIM Bangalore and IIM Visakhapatnam, and is on the governing council of Mount Carmel College. She is an independent director at Symphony. An alumna of IIM Bangalore, Harita holds a bachelor's degree in physics, chemistry, and mathematics from Bangalore University, along with postgraduate qualifications from Columbia Business School and MIT Sloan School of Management. Annonce • Oct 29
Axis Bank Reportedly Puts INR 5,110 Million Lavasa Corp Debt on Sale Axis Bank Limited (BSE:532215) is the first creditor off the block to seek buyers for its stuck exposure to the debt-laden Lavasa Corporation Limited as other lenders weigh their options in light of the litigation-dogged resolution process. On October 27, 2025, Axis put its INR 5,110 million claims for sale at a INR 800 million reserve price on an all-cash basis. The private sector lender which is the fifth largest creditor to the bankrupt private hill city, has called for expressions of interest (EoIs) from asset reconstruction companies (ARCs), non banking finance companies (NBFCs) and other financial institutions to purchase the debt. The last date for submission of documents is set for November 18 followed by electronic auctions on November 21. "Axis has made the move, while others are still contemplating. Maybe, they will wait for how the interest is for Axis and then take a call. But clearly there is little optimism among lenders that recovery from this process will happen soon," said a person aware of the issue. Axis Bank did not reply to an email seeking comment. Annonce • Oct 03
Axis Bank Limited to Report Q2, 2026 Results on Oct 15, 2025 Axis Bank Limited announced that they will report Q2, 2026 results on Oct 15, 2025 Annonce • Oct 01
Axis Plan Reportedly to Sell Stake in Non-Bank Arm Runs into Investor Caution Axis Bank Limited (BSE:532215) is reassessing its plans to sell a stake in its nonbanking subsidiary Axis Finance (Axis Finance Limited), as it waits for greater clarity on the Reserve Bank of India's upcoming "forms of business" circular. The rethink comes after potential investors, who had shown interest in the transaction, sought regulatory clarity before arriving at valuations. "Potential investors have made it clear that they want regulatory clarity before putting a number on the table. Without that, it's difficult for them to firm up valuations," said a person aware of the matter. Axis Bank did not respond to a request for comment. RBI governor Sanjay Malhotra recently signalled that the circular was in the works. "The forms of business circular is also planned to be finalised quickly," Malhotra said on August 25. As reported by ET in its June 27 edition, Axis Bank had committed to the RBI that it would not infuse additional capital into Axis Finance and was working on a plan to raise INR 30,000 million. The lender was exploring a strategic sale to private equity investors, with a potential IPO at a later stage. "As per its growth plans, Axis Finance will need a couple of thousand crores of capital over the next few years," Amitabh Chaudhry, MD & CEO of Axis Bank, had told ET in an earlier interview. "We are in no position to infuse further capital because that is the commitment we have made to RBI. We have no option but to go to the market and try to raise the capital. We are running a process right now to do that. When we are talking to the potential investors, we have been quite clear that we will do what is best for the entity concerned and we do not want to destroy value in any form or shape." The commitment to the RBI stems from draft guidelines issued last October on forms of business and prudential regulation for investments. These rules have weighed on valuations of bank subsidiaries by restricting them from undertaking core lending activities and discouraging duplication of businesses between banks and their NBFC arms. Products such as gold loans, loans against property and two-wheeler loans are currently offered by both Axis Bank and its finance subsidiary. In July, media reports suggested that global private equity giants including Blackstone, Advent, EQT and Kedaara had expressed interest in acquiring a 20% stake in Axis Finance. Annonce • Aug 04
Axis Bank Limited Announces Cessation of Rajiv Anand as Whole-Time Director Designated as Deputy Managing Director, Effective August 3, 2025 Axis Bank Limited informed that Rajiv Anand, Deputy Managing Director of the Bank, has retired from the services of the Bank and has accordingly ceased to be the Whole-time Director (designated as Deputy Managing Director) of the Bank with effect from the close of business hours on August 3, 2025. Annonce • Jul 02
Axis Bank Limited to Report Q1, 2026 Results on Jul 17, 2025 Axis Bank Limited announced that they will report Q1, 2026 results on Jul 17, 2025 Annonce • Jun 21
Axis Bank Limited Announces Change in Management, Effective June 23, 2025 Axis Bank Limited announced that Kedar Joshi has been appointed as Chief Audit Executive of the Bank for a period of three years with effect from June 23, 2025 up to June 22, 2028 (both days inclusive), in place of Bimal Bhattacharyya. Bimal Bhattacharyya will cease to be interim Chief Audit Executive and senior management of the Bank, with effect from June 23, 2025, and will be taking up another role within the Bank. Kedar Joshi is a seasoned leader in Risk & Internal Controls with over 25 years of experience in internal audit, operational risk management, predominantly in Banking. As the Regional Head of Corporate Audit at Bank of America, he oversaw audit coverage for the bank's APAC franchise across 12 jurisdictions, including Global Banking and Markets, Technology, Operations, and support functions. Further, he led audits for Global Business Services, covering offshore operations with 28,000+ employees across India and strategic technology vendors. He has managed a diverse team of 150 audit professionals across nine APAC countries. Additionally, Kedar was part of the Corporate Audit Senior Leadership Team and the APAC Regional Executive Committee, contributing to governance, risk oversight, and strategic decision-making. Annonce • Jun 06
Axis Bank Limited Announces Resignation of Prof. S. Mahendra Dev (Din: 06519869), Independent Director, Effective from June 5, 2025 Axis Bank Limited announce that Prof. S. Mahendra Dev (DIN: 06519869), Independent Director of the Bank has tendered his resignation with effect from the close of business hours of June 5, 2025. Owing to His Appointment as Chairman of Economic Advisory Council to the Prime Minister of India, Which Is A Full-Time Position, Prof. S. Mahendra Dev, has Vide his Letter Dated June 5, 2025, resigned from the Board of Directors of Axis Bank. Annonce • Apr 28
Axis Bank Limited, Annual General Meeting, Jul 25, 2025 Axis Bank Limited, Annual General Meeting, Jul 25, 2025. Annonce • Apr 24
Axis Bank Limited Recommends Final Dividend for the Financial Year Ended March 31, 2025 Axis Bank Limited Recommended a final dividend of INR 1/- per equity share (face value of INR 2/- each) i.e., 50% of the face value, for the financial year ended March 31, 2025, subject To Approve the members of the Bank at the ensuing 31st Annual General Meeting ("AGM") and applicable statutory approval, if any. The dividend, if approved, will be paid within 30 days from the date of conclusion of the AGM. Annonce • Apr 16
Axis Bank Limited to Report Q4, 2025 Results on Apr 24, 2025 Axis Bank Limited announced that they will report Q4, 2025 results on Apr 24, 2025 Annonce • Feb 25
Axis Bank Reportedly Weighs Majority Stake Sale of $1 Billion Shadow Bank Unit Axis Bank Limited (BSE:532215) is considering options for Axis Finance Ltd. (Axis Finance Limited), including the possible sale of a majority stake in the shadow-bank unit, according to people familiar with the development. The private sector lender is working with an adviser on a strategic review for Axis Finance, the people said, asking not to be identified discussing private information. The bank may seek a valuation of $900 million to $1 billion in a potential transaction, the people said. Deliberations are ongoing and Axis Bank could decide not to proceed with a sale, the people said. A representative for Axis Bank didn’t reply to a request seeking comment. Annonce • Feb 15
Axis Bank Limited Announces Executive Changes Axis Bank Limited announced the following changes in the senior management of the Bank: Owing to a personal crisis, S. Bhaskar, Chief Audit Executive of the Bank, will have to be based outside India for an indefinite period and hence, has resigned from the services of the Bank effective close of business hours of February 13, 2025. Bimal Bhattacharyya has been appointed as an interim Chief Audit Executive of the Bank for a period of 6 (six) months with effect from February 14, 2025, up to August 13, 2025 (both days inclusive) or until permanent appointment is made into the role of Chief Audit Executive of the Bank, whichever is earlier. Annonce • Jan 31
Axis Bank Limited Announces Executive Changes, Effective February 03, 2025 Axis Bank Limited announced the following changes in the senior management of the Bank: Vineet Agrawal will be taking up another role within the Bank and accordingly cease to be Chief Audit Executive and senior management of the Bank, effective February 03, 2025. S. Bhaskar has been appointed as Chief Audit Executive of the Bank for a period of three years with effect from February 03, 2025, up to February 02, 2028 (both days inclusive), in place of Vineet Agrawal. S. Bhaskar has more than 38 years of experience in leadership & management positions across consumer goods, chemicals, logistics and financial services. Most recently, he served as the Chief Internal Auditor of Tata Capital Ltd. providing leadership to the Internal Audit function at Tata Capital Ltd. & its subsidiaries. He also had stints at Hindustan Lever Ltd. and The New India Assurance Co. Ltd. As a professional, S Bhaskar: serves as a member of the Board of Trustees in the Global Internal Audit Foundation of the IIA Inc; served as a member in the Audit Advisory Committee for United Nations Office for Project Services for two terms (2016-2021); served as a Member of CII's National Committee on Financial Reporting; and served on ASSOCHAM's National Council for Internal Audit and Risk Management. Annonce • Jan 06
Axis Bank Limited to Report Q3, 2025 Results on Jan 16, 2025 Axis Bank Limited announced that they will report Q3, 2025 results on Jan 16, 2025 Annonce • Nov 01
Top Banks Reportedly Keen to Share Project Loan for Adani Enterprises Top public and private sector banks have lined up to take a bite of a rare greenfield project finance loan by Adani Enterprises Limited (BSE:512599) as lead lender State Bank of India (NSEI:SBIN) (SBI) looks to sell down a large chunk of the INR 200,000 million credit line it had sanctioned earlier this year for the conglomerate's petrochemicals debut. Bank of Baroda Limited (NSEI:BANKBARODA) (BoB), Punjab National Bank (NSEI:PNB)(PNB), Union Bank of India (NSEI:UNIONBANK), Central Bank of India (NSEI:CENTRALBK), ICICI Bank Limited (NSEI:ICICIBANK) and Axis Bank Limited (BSE:532215) have either committed or are in the process of committing funds to the $4-billion polyvinyl chloride (PVC) project at Mundra in Gujarat, people familiar with the developments said. The 15-year loan was priced at 9.25% by SBI earlier this year. "SBI was the sole underwriter for this loan a few months ago and has also disbursed a few hundred crores already. They plan to down sell it to other banks which is in line with their strategy. The bank plans to retain INR 50,000 million-INR 70,000 million and down sell the rest of the loan, which will eventually be disbursed by other banks," said a person familiar with the matter. The SBI loan was sanctioned for a greenfield polyvinyl chloride (PVC) plant to be set up by Adani Enterprises in Mundra Gujarat. The 2 million tonne PVC plan is the Adani's Group's first foray into the petrochemical sector and is expected to double India's capacity to make the plastic polymer which is used to make raincoats, wires, plastic pipes, shower curtains and medical equipment among other things. "This is a huge greenfield project and an interesting one for banks to be part off because this is a highly rated credit. The commodity to be manufactured, the amount of the loan and the credit rating of the group is why so many banks are open to taking a share," said a second person aware of the process. Spokespersons at the Adani Group, SBI, BoB, PNB, Union Bank, Central Bank, ICICI and Axis Bank did not reply to separate emails seeking comment. Annonce • Oct 24
Axis Bank Limited Announces Resignation of Ganesh Sankaran, Group Executive - Wholesale Banking Coverage Group, Effective November 30, 2024 Axis Bank Limited informed the following change in the senior management of the Bank: Ganesh Sankaran, Group Executive - Wholesale Banking Coverage Group, has resigned from the role on October 23, 2024. He will be relieved from the services of the Bank at the close of business on November 30, 2024. Annonce • Jul 06
Axis Bank Limited to Report Q1, 2025 Results on Jul 24, 2024 Axis Bank Limited announced that they will report Q1, 2025 results on Jul 24, 2024 Annonce • Jun 14
Axis Bank Limited Announces Management Changes Axis Bank Limited announced Anuranjan Kumar currently working as Head Operational Health and Control at the Bank has been appointed as Chief Compliance Officer of the Bank for a period of three years with effect from June 14, 2024 up to June 13, 2027 (both days inclusive), in place of Bimal Bhattacharyya. Bimal Bhattacharyya, will be taking up another role within the Bank on completion of his tenure as Chief Compliance Officer of the Bank at close of business hours on June 13, 2024. Sumit Bali, Group Executive Retail Lending, wishes to pursue alternate career opportunities outside the Bank and has resigned from the role on June 12, 2024. He will be relieved from the services of the Bank at the close of business on August 16, 2024. Anuranjan Kumar is a senior banker with 31 years of domestic and international experience, across consumer and corporate banking, in areas related to compliance, governance, risk management, operations and retail branch banking. Unique experience across front, middle, and back-office roles, across multiple geographies and complex organizational structures. Currently, he is HeadOperational Health and Control at Axis Bank. Prior to this, he has worked Citibank N.A. India, Citibank, Singapore, Citibank N.A. Bangladesh in various capacities. Annonce • May 11
Axis Bank Limited Appoints Pranam Wahi as an Independent Director Axis Bank Limited approved Appointment of Pranam Wahi (DIN: 00031914) as an Independent Director of the Bank. Annonce • May 03
Ranjan Pai’s Investment Office Claypond Capital, Axis Bank Reportedly in Talks to Invest in Rupeek Manipal Group Chairman Ranjan Pai’s investment office Claypond Capital and private sector lender Axis Bank Limited (BSE:532215) are in talks to invest in gold loan startup Rupeek (Rupeek Fintech Pvt Ltd.), according to sources aware of the matter. The round will likely see the valuation of the Accel Partners-and Peak XV Partners Operations LLC-backed firm being cut, they said. Talks with Axis Bank are in early stages and the new investor consortium is finalising its plans, they said. “Pai’s office is looking to invest in Rupeek but the amount has not been finalised yet,” said one of the persons. “Axis Bank’s participation will also be key to the deal. The valuation would be around $200 million - $250 million.” The round will also see existing investors part-sell shares. ET first reported on March 15 about a potential down round at Rupeek aided by a slowdown in business and a regulatory crackdown on the sector. A down round is when a company raises new capital at a lower valuation than in the previous one. Manipal’s Pai declined to comment. Rupeek’s Chief Executive Officer Sumit Maniyar and Axis Bank didn’t respond to queries. Annonce • Apr 27
Axis Bank Limited, Annual General Meeting, Jul 26, 2024 Axis Bank Limited, Annual General Meeting, Jul 26, 2024. Annonce • Apr 26
Axis Bank Limited announced that it expects to receive INR 550 billion in funding Axis Bank Limited announced a private placement to issue debt instruments in Indian/Foreign currency including, but not limited to, long term bonds, masala bonds, sustainable/ ESG Bonds (including green bonds), optionally/compulsorily convertible debentures, non-convertible debentures, perpetual debt instruments, AT 1 Bonds, Infrastructure Bonds and Tier II Capital Bonds or such other debt securities as may be permitted under the RBI guidelines from time to time, up to an amount of INR 350,000 million and issue of equity shares/ depository receipts and/or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares including through Qualified Institutions Placement (QIP)/ American Depository Receipts (ADRs)/ Global Depository Receipts (GDRs) program, preferential allotment or such other permissible mode or combinations thereof as may be considered appropriate by the Board, up to an amount of INR 200,000 million; aggregate gross proceeds of INR 550,000 million on April 24, 2024. The transaction has been approved by the shareholders of the company. Annonce • Apr 24
Axis Bank Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024 Axis Bank Limited informed that the Board of Directors of Axis Bank Limited at its meeting held on April 24, 2024, has recommended a final dividend of INR 1/- per equity share i.e., 50% of the face value of INR 2/- each, subject To Approve the members of the Bank at the ensuing 30th Annual General Meeting . The dividend, if approved, will be paid within 30 days from the date of conclusion of the AGM. Annonce • Apr 20
Axis Bank Limited to Report Q4, 2024 Final Results on Apr 24, 2024 Axis Bank Limited announced that they will report Q4, 2024 final results on Apr 24, 2024 Annonce • Apr 09
Bain Capital Reportedly Likely to Sell $431 Million Worth Stake in Axis Bank Private equity firm Bain Capital (Bain Capital Private Equity, LP) is likely to sell 33.4 million shares of Axis Bank Limited (BSE:532215) through a block deal on April 9, 2024, according to reports. Bain Capital is offering Axis Bank shares for INR 1,071 to INR 1,076.05 a share, and it seeks to raise $431 million through the block trade. Through this sale, Bain Capital will exit the lender after more than six years of its investment in Axis Bank. Annonce • Feb 29
Axis Bank Appoints Munish Sharda as Executive Director Axis Bank on Tuesday received approval from the Reserve Bank of India (RBI) to appoint Munish Sharda as the executive director of the company. Annonce • Feb 14
Axis Bank Limited Appoints Pranam Wahi as Additional Independent Director, Effective from February 15, 2024 Axis Bank Limited announced that based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors vide their circular resolution passed on February 14, 2024, has appointed Pranam Wahi (DIN: 00031914) as an additional independent director of the Bank for a period of four years with effect from February 15, 2024 up to February 14, 2028 (both days inclusive), subject to approval of shareholders. In terms of Section 149(13) of the Companies Act, 2013, he shall not be liable to retire by rotation during his tenure as an independent director of the Bank. Pranam Wahi, age 65 years has over 40 years of banking experience across various countries including India, the United Arab Emirates /GCC, Indonesia and Singapore. He began his career with HSBC in 1982 where he was part of various functions and corporate banking within the HSBC Group in India. After HSBC, he joined Standard Chartered Bank for 2 years where he was responsible for the bank's corporate business for various regions/segments across India. He then returned to HSBC in a senior role in early 1999. Pranam Wahi subsequently joined DBS as CEO India in April 2004. He has worked as Managing Director, Head, Global Transaction Banking, DBS Bank, Singapore, Managing Director, Head, Middle East, DBS Dubai Branch and Managing Director, Head, Business Audit, Group Audit, DBS Bank, Singapore. His last position was Managing Director, Senior Risk Executive, DBS Indonesia, before retiring in 2023. Pranam Wahi is a Chartered Accountant by qualification. Annonce • Jan 18
Axis Bank Limited Announces Cessation of Ketaki Bhagwati as Independent Director Axis Bank Limited informed that Ketaki Bhagwati (DIN: 07367868), Independent Director of the Bank has ceased to be a Director and a member of the Board of Directors of the Bank, with effect from the close of business hours on January 18, 2024, upon completion of her uponcompletion of her tenure, under the provisions of the Banking Regulation Act, 1949. The Board and entire management team acknowledges the invaluable contributions rendered by Ketaki Bhagwati, during her tenure as an Independent Director and place on record their deep appreciation for her contributions to the Board. Annonce • Dec 15
Axis Bank Limited Announces Cessation of Ashish Kotecha as a Non-Executive Director The shareholders of Axis Bank Limited had approved the resolution regarding appointment of Ashish Kotecha (DIN: 02384614) as a Non-Executive (Nominee of entities affiliated to Bain Capital) Director of the Bank, with effect from December 19, 2021 upto expiry of three (3) years i.e. upto December 18, 2024 or till the time BC Asia Investments VII Limited, Integral Investments South Asia IV and BC Asia Investments III Limited ("the entities affiliated to Bain Capital") are directly holding in the aggregate at least two percent (2%) of the equity share capital of the Bank on a fully diluted basis, whichever is earlier. Consequently, Ashish Kotecha (DIN: 02384614), Non-Executive (Nominee of entities affiliated to Bain Capital) Director of the Bank has ceased to be a member of the Board of Directors of the Bank, with effect from the close of business hours of December 14, 2023. Annonce • Dec 13
Entities Associated with Bain Capital Reportedly Look to Sell 1.1% Stake via Block Deal in Axis Bank Six years after making a big-bang entry into Axis Bank Limited (BSE:532215), private equity major Bain Capital, LP is all set to sell a further stake in the private sector lender via a fresh block deal worth $444 million, multiple industry sources in the know told Moneycontrol. In November 2017, in one of the largest private equity investments in the Indian banking sector as part of a INR 116.26 billion capital raise via issuance of equity and warrants, Bain Capital invested INR 68.54 billion in Axis Bank. The private equity fund has been gradually diluting its stake in tranches via the block deal route. "Entities associated with Bain Capital are looking to sell a 1.1% stake via a block deal in Axis Bank," said one of the persons cited above. A second person told Moneycontrol that the offer floor price was INR 1,109 per share with a discount of 1.95% to the last closing price of Axis Bank at INR 1,131 per share. A third person also confirmed the plans for the fresh block deal by Bain Capital entities and added that investment bank Goldman Sachs was advising on the proposed transaction. All three persons above spoke to Moneycontrol on the condition of anonymity. Moneycontrol could not elicit an immediate comment from Bain Capital, Axis Bank and Goldman Sachs. Annonce • Oct 07
Axis Bank Limited to Report Q2, 2024 Results on Oct 25, 2023 Axis Bank Limited announced that they will report Q2, 2024 results on Oct 25, 2023 Annonce • Aug 18
Axis Bank Limited Approves Appointment of Subrat Mohanty as Executive Director, Effective from August 17, 2023 The Board of Directors of Axis Bank Limited approved the appointment of Subrat Mohanty, as an Whole-time Director, designated as Executive Director of the Bank (including his terms and conditions and remuneration), effective from August 17, 2023. Annonce • Aug 03
Axis Bank Limited Announces Resignation of Manoj Kohli as Independent Director, Effective August 11, 2023 Axis Bank Limited announced that Manoj Kohli, Independent Director of the Bank vide his letter dated August 1, 2023, has tendered his resignation with effect from the close of business hours of August 11, 2023. The Bank acknowledges the invaluable contributions rendered by Manoj Kohli during his tenure as an Independent Director and places on record its deep appreciation for his guidance as a member of the Board. Annonce • Jul 12
Axis Bank Limited to Report Q1, 2024 Results on Jul 26, 2023 Axis Bank Limited announced that they will report Q1, 2024 results on Jul 26, 2023 Annonce • May 31
Axis Bank Limited, Annual General Meeting, Jul 28, 2023 Axis Bank Limited, Annual General Meeting, Jul 28, 2023, at 10:00 Indian Standard Time. Annonce • Feb 11
Axis Bank Limited Announces Cessation of S. Vishvanathan as Independent Director Axis Bank Limited announced that S. Vishvanathan, Independent Director of the Bank has ceased to be a member of the Board of Directors of the Bank, with effect from the close of business hours on February 10, 2023, upon completion of the maximum permissible tenure of eight years, under Section 10A(2A) of the Banking Regulation Act, 1949. Annonce • Jan 18
Axis Bank Limited Approves Appointment of Parameswaranpillai Naga Prasad as Independent Director Axis Bank Limited announced that through postal ballot, approved the appointment of Parameswaranpillai Naga Prasad (P. N. Prasad) as an Independent Director of the Bank. Annonce • Jan 12
Axis Bank Limited (BSE:532215) entered into a agreement to acquire 7% stake in Max Life Insurance Company Limited. Axis Bank Limited (BSE:532215) entered into a agreement to acquire 7% stake in Max Life Insurance Company Limited on January 9, 2023. The parties agreed that the valuation for the right to acquire the balance 7.00% equity stake of Max Life would be at fair market value using discounted cash flows instead of valuation as per Rule 11UAof the Income Tax Rules, 1962. This revision has been done consequent to the guidance received by Max Life from the Insurance Regulatory and Development Authority. Annonce • Jan 11
Axis Bank Limited to Report Q3, 2023 Results on Jan 23, 2023 Axis Bank Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Jan 23, 2023 
