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MUMBAI - Axis Bank (NSE:AXBK) Limited announced it will hold its 31st Annual General Meeting (AGM) on Friday, July 25, 2025, through video conferencing, according to a press release statement issued Friday.
The bank has scheduled several key items for shareholder consideration, including the adoption of audited financial statements for fiscal year 2025 and declaration of a dividend on equity shares. The meeting will also address the re-appointment of Mini Ipe as a director, who retires by rotation.
Among the special business items, shareholders will vote on the appointment of M/s. Bhandari & Associates as Secretarial Auditors and consider revisions to the remuneration packages for Managing Director & CEO Amitabh Chaudhry and Executive Directors Subrat Mohanty and Munish Sharda, effective April 1, 2025.
The AGM agenda includes significant financial proposals, including enhancing the bank’s borrowing limit to ₹300,000 crores and raising funds through debt securities on private placement basis for up to ₹35,000 crores. Additionally, the bank seeks approval for raising up to ₹20,000 crores through equity shares, depository receipts, or other securities.
Shareholders will also consider material related party transactions with several entities, including Life Insurance (NSE:LIFI) Corporation of India, LIC Housing Finance (NSE:LICH) Limited, IDBI Bank (NSE:IDBI) Limited, and Axis Max Life Insurance Limited.
The notice and integrated annual report for fiscal 2025 are available on the bank’s website. Axis Bank is listed on the National Stock Exchange (NSE:AXISBANK) and BSE (BSE:532215).
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