Announced Mon, 29 Jun · 16:24 IST
Axis Bank CFO Puneet Sharma resigns; two directors re-appointed
AXISBANK · price
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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 has resigned to pursue his next professional phase. He will be relieved on August 31, 2026. Separately, the board approved re-appointment of CH S S Mallikarjunarao as Independent Director for a second 4-year term from February 1, 2027, and Munish Sharda as Executive Director for another 3-year term from February 27, 2027. Both re-appointments need shareholder approval, and Sharda's also needs RBI clearance.
Likely market impact
Planned CFO exit with notice period may cause short-term uncertainty. Director continuity provides board stability going into FY27.