Announced Mon, 29 Jun · 16:21 IST
Axis Bank CFO Puneet Sharma resigns; two directors re-appointed
AXISBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹1370.90
prior close
₹1357.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+1.0+0.7+0.8-0.4-0.8-2.0-2.4-2.5-5.0-8.3———
Up moveDown movePending
AI summary
Axis Bank's CFO Puneet Sharma resigned on June 28, 2026 to pursue his next professional phase. He will leave at close of business on August 31, 2026. Separately, the board approved re-appointment of CH S S Mallikarjunarao as Independent Director for a second 4-year term (Feb 1, 2027 to Jan 31, 2031) and Munish Sharda as Executive Director for 3 more years (Feb 27, 2027 to Feb 26, 2030). Both re-appointments need shareholder approval; Sharda's also needs RBI approval.
Likely market impact
CFO exit in 2 months may cause short-term uncertainty; board continuity maintained via director re-appointments. Watch for new CFO announcement.