Axis Bank Limited has received approval from the Reserve Bank of India (RBI) for the re-appointment of N. S. Vishwanathan as the Non-Executive (Part-time) Chairman of the Bank. This approval is subject to the shareholders' approval for his re-appointment as an Independent Director for the term commencing October 27, 2026, and concluding on October 26, 2029. The initial approval for this re-appointment for a further period of three years was granted by the Bank's Board of Directors on April 25, 2026. The proposals concerning his re-appointment as Non-Executive (Part-time) Chairman and as an Independent Director are included in the notice for the 32nd Annual General Meeting (AGM) of the Bank, which is scheduled to be held on Friday, July 31, 2026. The RBI conveyed its approval vide letter dated July 7, 2026. This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
