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Axis Bank Seeks Shareholder Nod via Postal Ballot for Key Board Appointments

Story Highlights
  • Axis Bank has launched a postal ballot to approve appointing Neeraj Gambhir as Executive Director with defined remuneration.
  • Shareholders are also asked to approve Malavika R. Harita as Independent Director through remote e-voting in December-January.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Axis Bank Seeks Shareholder Nod via Postal Ballot for Key Board Appointments

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Axis Bank Limited ( (IN:AXISBANK) ) just unveiled an update.

Axis Bank has initiated a postal ballot process to seek shareholder approval for key board changes, including the appointment of Neeraj Gambhir as a Director and Whole-time Director designated as Executive Director, with specified remuneration for a three-year term effective from October 20, 2025, following Reserve Bank of India approval. The bank is also seeking member approval for the appointment of Malavika R. Harita as an Independent Director, with voting conducted exclusively through remote e-voting between December 20, 2025 and January 18, 2026, underscoring Axis Bank’s ongoing efforts to strengthen its leadership structure and comply with evolving corporate governance and regulatory requirements.

More about Axis Bank Limited

Axis Bank Limited is one of India’s leading private sector banks, offering a broad range of banking and financial services to retail, corporate and institutional clients. Listed in India and overseas, the bank operates across key Indian financial centres and international exchanges, positioning itself as a major player in the country’s banking and capital markets ecosystem.

Average Trading Volume: 268,688

Technical Sentiment Signal: Buy

Current Market Cap: 3786.1B INR

See more data about AXISBANK stock on TipRanks’ Stock Analysis page.

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