AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Change in Directorate
This is to inform you that the Board of Directors of the Bank has, at its meeting held today approved the appointment of Smt. Meena Ganesh as an Additional Independent Director of the Bank, with effect from 1st August 2020 and to hold office as such upto the date of the 27th Annual General Meeting of the Bank, in terms of Sections 149, 152 and 161 of the Companies Act, 2013 read with the Rules made thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The first term of Smt. Meena Ganesh as an Independent Director of the Bank, shall be for a period of 4 years with effect from 1st August 2020 up to 31st July 2024 (both days inclusive). During her tenure as an Independent Director of the Bank, Smt. Meena Ganesh shall not be liable to retire by rotation, in terms of Section 149(13) of the Companies Act, 2013.22-07-2020