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Axis Bank LimitedOthers, 25-07-2025: Shareholders meeting

25-07-2025 | 07:30 pm

Axis Bank's Annual General Meeting (AGM) successfully concluded, with shareholders approving all proposed resolutions. Key approvals include the adoption of audited standalone and consolidated financial statements for fiscal year 2025 and dividend declaration. Shareholders also approved revisions to the remuneration of the MD & CEO and two Executive Directors. Important strategic approvals passed were the enhancement of the Bank's borrowing limit up to Rs. 3,00,000 Cr, raising funds up to Rs. 35,000 Cr via debt securities, and up to Rs. 20,000 Cr through equity or convertible securities. Additionally, material related party transactions were approved.

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