FilingReader Intelligence
Axis Bank approves INR 55,000 crore fundraising plan
July 25, 2025 at 07:10 PM UTC•By FilingReader AI
Axis Bank shareholders approved fundraising of up to INR 55,000 crores at the bank's annual meeting, comprising INR 35,000 crores via debt securities and INR 20,000 crores through equity or convertible securities.
The bank also secured approval to enhance its borrowing limit to INR 3,00,000 crores and passed revisions to executive remuneration for managing director Amitabh Chaudhry and executive directors Subrat Mohanty and Munish Sharda.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
BSE:AXISBANK•Bombay Stock Exchange
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