Change in Management

RNS Number : 5115V

Axis Bank Limited

31 January 2025

AXIS/CO/CS/617/2024-25

January 31, 2025

Dear Sir(s),

REF.: DISCLOSURE UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS").

SUB.: CHANGES IN SENIOR MANAGEMENT OF AXIS BANK LIMITED ("the Bank").

Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform the following changes in the senior management of the Bank:

a) 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.

b) 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.

The details required as per SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure A.

This is for your information and records.

Thanking You.

Yours faithfully,

For Axis Bank Limited

Sandeep Poddar

Company Secretary

Encl: a/a

CC: London Stock Exchange

Singapore Stock Exchange

Annexure A

Sr. No.	Particulars	S. Bhaskar	Vineet Agrawal
i.	Reason for change	Appointment as Chief Audit Executive of the Bank	Cessation as Chief Audit Executive of the Bank, upon movement to another role.
ii.	Date of appointment/ re-appointment/ cessation & term of appointment/ re-appointment	Date of Appointment: February 03, 2025 Term: 3 years with effect from February 03, 2025 up to February 02, 2028 (both days inclusive).	Date of Cessation: Effective February 03, 2025
iii.	Brief profile (in case of appointment)	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: (i) serves as a member of the Board of Trustees in the Global Internal Audit Foundation of the IIA Inc; (ii) served as a member in the Audit Advisory Committee for United Nations Office for Project Services for two terms (2016-2021); (iii) served as a Member of CII's National Committee on Financial Reporting; and (iv) served on ASSOCHAM's National Council for Internal Audit and Risk Management.	NA
iv.	Disclosure of relationship between directors (in case of appointment of a director)	NA	NA

http://www.rns-pdf.londonstockexchange.com/rns/5115V_1-2025-1-31.pdf

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDSDAFLFEISEFF