Axis Bank shareholders have approved two key board appointments through postal ballot—Neeraj Gambhir as Executive Director and Malavika R. Harita as Independent Director. The resolutions received overwhelming majority votes, confirming strong investor confidence in the bank’s leadership and governance framework.
Axis Bank Ltd has announced that its shareholders have passed both resolutions set out in the postal ballot notice dated December 18, 2025, through remote e-voting conducted via NSDL between December 20, 2025, and January 18, 2026.
The bank confirmed that Neeraj Gambhir has been appointed as Executive Director, while Malavika R. Harita joins the board as Independent Director. Both appointments have been endorsed with over 98% approval, underscoring shareholder alignment with the bank’s strategic direction.
Key Details:
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Appointment of Neeraj Gambhir as Executive Director
Votes in favour: 98.77%
Votes against: 1.23%
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Appointment of Malavika R. Harita as Independent Director
Votes in favour: 99.92%
Votes against: 0.08%
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The scrutinizer, CS KVS Subramanyam, confirmed that the voting process was conducted fairly and transparently in line with SEBI and Companies Act provisions.
Sources: Axis Bank exchange filing to BSE and NSE