Axis Bank board approves re-appointment of Shri Amitabh Chaudhry as MD & CEO

At the 214th meeting of the Board of Directors (the 'Board') of Axis Bank held on 27th April 2021 which continued on 28th April 2021, as recommended by the Nomination & Remuneration Committee of Directors, the Board has on 28th April 2021, considered and approved the proposal relating to re-appointment of Shri Amitabh Chaudhry as the Managing Director & CEO of the Bank, for a further period of 3 years, w.e.f. 1st January 2022 up to 31st December 2024 (both days inclusive) subject to the approval of the Reserve Bank of India(RBI) and the Shareholders of the Bank.

Shares of AXIS BANK LTD. was last trading in BSE at Rs.707.85 as compared to the previous close of Rs. 699.3. The total number of shares traded during the day was 2104320 in over 29486 trades.

The stock hit an intraday high of Rs. 713 and intraday low of 688.25. The net turnover during the day was Rs. 1475164128.

Source : Equity Bulls

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