Axis Bank Schedules 32nd AGM on July 31, 2026; Key Resolutions Include Director Re-appointments and Fund-Raising Plans
Published on: June 25, 2026, 1:28 p.m. | Source: scanx.trade
Axis Bank has convened its 32nd Annual General Meeting for July 31, 2026, via video conferencing, with 18 agenda items including adoption of fiscal 2026 financial statements and declaration of a ₹1 per share dividend. Key resolutions seek re-appointment of N. S. Vishwanathan as Independent Director and Non-Executive (Part-time) Chairman at a revised remuneration of ₹50,00,000 per annum, and re-appointment of P. N. Prasad as Independent Director. The Bank proposes remuneration revisions for its MD & CEO and Executive Directors effective April 1, 2026, and seeks enabling approvals to raise up to ₹35,000 crores via debt securities and up to ₹20,000 crores via equity, subject to shareholder and regulatory approvals. Material related party transaction approvals are also sought for LIC, LIC Housing Finance, IDBI Bank, and Axis Max Life Insurance.
