Announced Wed, 29 Apr · 20:22 IST
Axis Bank Limited has informed the Exchange about RBI approval on the re-appointment of Subrat Mohanty as the Whole-Time Director (designated as Executive Director) of the Bank
Management Changes View source PDF
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
-1.0%1-day move
₹1290.60
prior close
₹1288.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.7-1.8-1.3-1.0-2.5+0.8+0.4-1.6-2.1-0.3-1.0+4.8—
Up moveDown movePending
AI summary
Axis Bank has received RBI approval for the re-appointment of Subrat Mohanty as Whole-Time Director (designated as Executive Director) for another three-year term from August 17, 2026 to August 16, 2029. The Board had already approved this re-appointment in January 2026. The appointment remains subject to shareholder approval. This is a routine regulatory filing informing the exchange of the central bank clearance.
Likely market impact
Positive for the bank as it ensures continuity in leadership. The stock is unlikely to see any significant reaction since this is a routine re-appointment that was already anticipated.