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Axis Bank LimitedBoard Meeting, 24-04-2025: Outcome of Board Meeting

24-04-2025 | 05:14 pm

The Board of Directors of Axis Bank Limited has announced a board meeting where it approved several key financial decisions. A final dividend of Re. 1 per equity share for the financial year ended March 31, 2025, is proposed, pending shareholders' approval. The board also approved raising funds through debt instruments up to ₹35,000 Cr and via equity shares or convertible securities up to ₹20,000 Cr, both subject to regulatory approvals. Additionally, the borrowing limit has been increased to ₹3,00,000 Cr, pending member approval.

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