Life Insurance Corporation of India (LIC), Promoter of AXIS Bank Ltd has informed today, that Smt. Usha Sangwan, its Nominee on the Board of the Bank, has tendered her resignation as a Nominee Director, on completion of 2 terms of 3 years each, as required under the Policy of LIC for its nominee directors. Accordingly, she has ceased to be the Director of the Bank, with effect from today, i.e. Thursday, 12th December 2019.
On behalf of all Employees and the Directors of the Bank, we would like to acknowledge the invaluable contributions rendered by Smt. Usha Sangwan during her tenure as a Non-Executive Director of the Bank and places on record its deep appreciation for the insightful perspectives and suggestions provided by her at the meetings of the Board/Committees of the Bank.
Shares of AXIS BANK LTD. was last trading in BSE at Rs.721.6 as compared to the previous close of Rs. 716.45. The total number of shares traded during the day was 168618 in over 4508 trades.
The stock hit an intraday high of Rs. 725.35 and intraday low of 715.2. The net turnover during the day was Rs. 121543438.