MUMBAI - Axis Bank (NSE:AXBK) Limited has announced that its Board of Directors will convene on April 24, 2025, to review and approve the audited standalone and consolidated financial results for the quarter and fiscal year ending March 31, 2025. The meeting will also consider recommending a final dividend for the financial year and discuss potential fund-raising options.
The fund-raising possibilities include issuing equity shares or depository receipts, along with debt instruments such as bonds and non-convertible debentures, in both Indian and foreign currencies. These efforts would be subject to shareholder approval and other regulatory clearances.
The bank has already informed the National Stock Exchange of India and BSE Limited about the upcoming meeting, complying with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In accordance with the bank’s Share Dealing Code, the trading window for designated persons and their immediate relatives has been closed since April 1, 2025, and will remain so until April 26, 2025.
This board meeting is a routine event in the bank’s corporate governance calendar, where the directors will assess the bank’s financial health and strategize for future growth. The outcomes of these discussions are significant as they will provide investors and stakeholders with insights into the bank’s performance and its strategic direction for the coming year.
The information for this article is based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.