/Equities/XLOM/AXB/RNS

Change in SMP

RNS Number : 2389C

Axis Bank Limited

28 April 2026

AXIS/CO/CS/57/2026-27

April 25, 2026

National Stock Exchange of India Limited

Exchange Plaza, 5th Floor

Plot No. C/1, "G" Block

Bandra-Kurla Complex

Bandra (E), Mumbai - 400 051

NSE Symbol: AXISBANK

BSE Limited

1^st Floor,

P. J. Towers,

Dalal Street

Fort, Mumbai - 400 001

BSE Scrip Code: 532215

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 PERSONNEL

The Board of Directors of the Bank at its meeting held on April 25, 2026, has designated the following officials of the Bank as Senior Management Personnel:

a) Sanjeev Moghe, Head Branch Banking, South with effect from April 25, 2026.

b) Avinash Raghavendra, Head IT and Retail Operations with effect from April 25, 2026.

The details required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A.

Please note that the Board meeting commenced at 9.00 am (IST) and concluded at 4.30 pm (IST).

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	Sanjeev Moghe	Avinash Raghavendra
i.	Reason for change	Designated as Senior Management Personnel.	Designated as Senior Management Personnel.
ii.	Date of appointment/ re-appointment/ cessation & term of appointment/ re-appointment	April 25, 2026	April 25, 2026
iii.	Brief profile (in case of appointment)	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).
iv.	Disclosure of relationship between directors (in case of appointment of a director)	NA	NA

http://www.rns-pdf.londonstockexchange.com/rns/2389C_1-2026-4-28.pdf

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