NSECessation29 Jul 2026 · 29 Jul 2026, 11:22 am

Cessation

Axis Bank Limited · AXISBANK

✦ AI SummaryMgmt Change

Axis Bank Limited has informed the Exchange regarding the cessation of Mrs Mini Ipe as Non-Executive Nominee Director of the company with effect from July 29, 2026.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Axis Bank Limited has informed the Exchange regarding Cessation of Mrs Mini Ipe as Non- Executive Nominee Director of the company w.e.f. July 29, 2026.

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AXISBANK1_29072026112238_SEIntimation_Mini_Ipe_finalSigned.pdf

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AXIS/CO/CS/280/2026-27 July 29, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Plot No. C/1, “G” Block Dalal Street Bandra-Kurla Complex Fort, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear Sir/Madam, REF.: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (“SEBI LISTING REGULATIONS”) SUB: WITHDRAWAL OF NOMINATION OF MINI IPE, NON-EXECUTIVE (NOMINEE) DIRECTOR OF AXIS BANK LIMITED (“BANK”) We wish to inform you that Life Insurance Corporation of India (“LIC”), promoter of the Bank has withdrawn the nomination of Mini Ipe (DIN: 07791184) as their nominee on the Board of Directors of the Bank (“Board”) with effect from July 29, 2026. Accordingly, she has ceased to be director on the Board with effect from the said date. The Bank acknowledges the invaluable contributions rendered by Mini Ipe during her tenure as a Nominee Director and places on record its deep appreciation for her guidance as a member of the Board. Thanking you, With warm regards, For Axis Bank Limited Sandeep Poddar Company Secretary CC: London Stock Exchange Singapore Stock Exchange