Axis Bank Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
AXISBANK · price
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Axis Bank announced the results of its postal ballot concluded on May 2, 2025, for the re-appointment of Prof. S. Mahendra Dev (DIN: 06519869) as an Independent Director. The special resolution was passed with overwhelming shareholder support — 98.97% of votes cast (approximately 25.54 crore shares) were in favour, while only 1.03% (about 2.65 crore shares) voted against. E-voting was conducted through NSDL between April 3 and May 2, 2025. The scrutinizer, CS K.V.S. Subramanyam, certified that the resolution was passed with the requisite majority.
This is a routine governance filing confirming the re-appointment of an existing independent director. It has no material impact on the bank's operations or stock price, and reflects strong shareholder confidence in the current board composition.