Axis Bank share news, announcements and annual reports
NSE: AXISBANKBSE: 532215BanksLarge Cap
Axis Bank Limited · Formerly UTI Bank · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 1998
Last close ₹1,217.00down ₹8.00 (0.65%)BSE ₹1,214.70
Share price at the NSE close on 30 Oct 2026. Previous close ₹1,225.00.
30 Oct: open ₹1,221.00, high ₹1,227.70, low ₹1,209.20
52-week range of traded prices to 30 Oct 2026
₹1,150.30Low, 2 Apr 2026₹1,418.30High, 3 Feb 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹3,78,936 Cr15th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 12.65
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.65
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.08%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 14.0%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. For the whole group. Net interest margin in the glossary
- 3.58%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 1.16%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 0.35%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company. Common equity tier 1 ratio in the glossary
- 14.61%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. For the whole group. Return on assets in the glossary
- 1.47%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 36,17,09859.1% delivered
Axis Bank share news and announcements
2,759 announcements, routine notices left out, newest first. Page 53 of 56.
Oct 2009
16 Oct · Board meeting
Meeting of the Committee of Directors of the Bank is convened on October 16, 2009 to, inter-alia, consider the allotment of equity shares under ESOP.12 Oct · Management
At the meeting of the Board of Directors of the Bank held on October 12, 2009, the following decisions were taken: 1) To Appoint Shri V. R. Kaundinya, Managing Director, Advanta India Limited as an Additional Independent Director, with immediate effect. 2) The Bank is proposing to set up a non-banking financial company as a wholly-owned subsidiary to carry out investment and lending activities with focus on infrastructure and other-activities as permitted by the Reserve Bank of India.12 Oct · Results
Standalone Results for the half year ended on 30-SEP-2009 as follows: Interest earned of Rs. 576592 lacs for the half year ending on 30-SEP-2009 against Rs. 481149 lacs for the half year ending on 30-SEP-2008. Interest expended of Rs. 357061 lacs for the half year ending on 30-SEP-2009 against Rs. 308756 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 109368 lacs for the half year ending on 30-SEP-2009 against Rs. 73305 lacs for the half year ending on 30-SEP-2008.12 Oct · Results
Standalone Results for the quarter ended on 30-SEP-2009 as follows: Interest earned of Rs. 286036 lacs for the quarter ending on 30-SEP-2009 against Rs. 254505 lacs for the quarter ending on 30-SEP-2008. Interest expended of Rs. 171068 lacs for the quarter ending on 30-SEP-2009 against Rs. 163158 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 53164 lacs for the quarter ending on 30-SEP-2009 against Rs. 40291 lacs for the quarter ending on 30-SEP-2008.5 Oct · Updates
Shri Somnath Sengupta, President (Finance & Accounts) has been elevated to the position of Executive Director & Chief Financial Officer of the Bank with effect from October 01, 2009. Shri Sengupta will not be a member of the Board of Directors of the Bank.1 Oct · Board meeting
To, inter alia, consider and take on record the Unaudited Quarterly/ Half yearly financial results of the Bank for the quarter (Q2)/ Half year (H1) ended September 30, 2009.
Sep 2009
24 Sep · Allotment
Vide its letter dated September 24, 2009 that : "Axis Bank has today made allotment of the following: (1) 3,30,44,500 equity shares @ Rs. 906.70 per share inclusive of premium of Rs.896.70 per share by way of Qualified Institutional Placement (QIP) to QIBs. (2) 50,55,500 Global Depositary Receipts (GDRs), each GDR representing one (1) underlying fully paid up equity share @ Rs 906.70 per share inclusive of premium of Rs. 896.70 per share to investors. (3) 39,76,632 equity shares to Life Insurance Corporation of India and The New India Assurance Company Limited @ Rs. 906.70 per share inclusive of premium of Rs. 896.70 per share".22 Sep · Updates
Management Committee authorised by the Board of Directors in their meeting held on August 04, 2009 regarding raising Tier I equity capital met on September 22, 2009 to decide pricing of equity shares to be offered under Global Depository Receipts (GDRs) and Qualified Institutional Placements (QIP) offerings. The issue price for one equity share representing the underlying shares to the Global Depository Receipts (GDRs) of Rs. 10/- each fully paid up has been fixed at USD 18.90 (Rs. 906.70 per underlying share). The same issue price i.e. Rs. 906.70 per share has been fixed for equity shares to be issued under QIP and the preferential issue to promoters. As approved by the shareholders of the Bank in the resolution dated September 09, 2009 the Bank is conducting an offering of 33,044,500 Equity Shares of face value of Rs. 10 each under the QIP offering and 5,055,500 equity shares of face value Rs. 10 per equity share in the form of GDRs each representing one equity share. The shareholders of the Bank in the resolution dated September 09, 2009 approved a preferential allotment of up to 10,826,073 equity shares to the Promoters. The Bank is making a Preferential Allotment of up to 4,902,257 equity shares at a price of Rs. 906.70 per equity share, which is equivalent to the price at which the GDRs are currently being offered, to LIC and New India Assurance Company Limited.18 Sep · Updates
Committee of Directors authorised by the Board of the Directors at its meeting held on August 04, 2009 to decide the opening date of the QIP, GDR and Preferential issues met on September 17, 2009 and decided to open the QIP/GDR issue on September 17, 2009.16 Sep · Results
Minutes of the Results of the Postal Ballot of the Company . A copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.11 Sep · Updates
Resolutions passed by the Members of the Bank through Postal Ballot Notice dated August 04, 2009. A copy of the resolution shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Sep · Results
Pursuant to the provisions of Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules 2001, the approval of the shareholders of Axis BankLimited was sought by Postal Ballot to the proposals approved by the Board of Directors of the Bank at its meeting held on August 04, 2009. Shri Ashwin Lalbhai Shah, an Advocate of Gujarat High Court, who was appointed as the Scrutinizer to conduct the Postal Ballot process has submitted the Postal Ballot Result. Company confirm that all resolutions as mentioned in the notice of the postal ballot dated August 04, 2009 are passed with the requisite majority. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
19 Aug · Voluntary Delisting
Letter received from ASE regarding delisting of equity shares of Axis Bank from Ahmedabad Stock Exchange (ASE) with effect from 17th August, 2009. The equity shares of the Bank will continue to be listed on NSE and BSE.12 Aug · Meeting
Notice of the postal ballot form. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Aug · Board meeting
Vide its letter dated August 04, 2009 that "At the meeting of the Board of Directors of the bank held today, the following decisions were taken: (1) Raising Tier - I capital of the Bank by issue of equity shares not exceeding 7,14,28,570 equity shares through GDRs/ QIP issue and Preferential issue to promoters of the Bank. (2) Increasing the maximum strength of the Board of Directors of the Bank from 12 to 15 and Alteration to Articles of Association of the Bank for increasing the maximum number of Directors to 15. This increase will be subject to approval of the Central Government. (3) Appointment of Shri M.M. Agrawal, Executive Director (Corporate Banking) of the Bank as Deputy Managing Director (Designate) with effect from 4th August, 2009 till 31st August, 2010 (the last day of the month in which he reaches the age of superannuation). (4) Seeking approval of shareholders to the above proposals through postal ballot".
Jul 2009
20 Jul · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.14 Jul · Management
Shri Ramesh Ramanathan has resigned as Director of the Bank with effect from July 14, 2009.13 Jul · Voluntary Delisting
Vide its letter dated July 13, 2009, that: "The Board of Directors of the Bank at its meeting held today has approved the voluntary delisting of equity shares of the Bank from the Ahmedabad Stock Exchange (ASE) in accordance with the provisions of the SEBI (Delisting of Equity Shares) Regulations, 2009. The equity shares of the Bank will continue to be listed on The Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE). The Bank will make a formal application for delisting of equity shares to the Ahmedabad Stock Exchange shortly".13 Jul · Board meeting
Vide its letter dated July 13, 2009 that "The Committee of Directors of the Bank has today made the allotment of 1,06,937 equity shares of Rs.10/- each to the employees of the Bank, under ESOP. The paid up share capital of the Bank will accordingly get increased to 35,98,70,670 equity shares from 35,97,63,733 equity shares".13 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2009 as follows: Interest earned of Rs. 290556 lacs for the quarter ending on 30-JUN-2009 against Rs. 226644 lacs for the quarter ending on 30-JUN-2008. Interest expended of Rs. 185993 lacs for the quarter ending on 30-JUN-2009 against Rs. 145598 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 56204 lacs for the quarter ending on 30-JUN-2009 against Rs. 33014 lacs for the quarter ending on 30-JUN-2008.1 Jul · Board meeting
To inter alia, consider and take on record the Unaudited Quarterly financial results of the Bank for the quarter (Q1) ended June 30, 2009.
Jun 2009
23 Jun · Meeting
Proceedings of the Annual General Meeting of the Shareholders of the Bank held on June 01, 2009. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.19 Jun · Allotment of Equity Shares
Vide its letter dated June 19, 2009 that "The Committee of Directors of the Bank has today made the allotment of 3,22,126 equity shares of Rs. 10/- each to the employees of the Bank, under ESOP. The paid up share capital of the Bank will accordingly get increased to 35,97,63,733 equity shares from 35,94,41,607 equity shares".18 Jun · Board meeting
Meeting of the Committee of Directors of the Bank is convened on June 19, 2009, to, inter-alia, consider the allotment of equity shares under ESOP.16 Jun · Allotment of Debentures
Board of Directors of the Bank has passed a resolution approving Allotment of Unsecured Redeemable Non-Convertible Subordinated Debentures on private placement basis as the Bank's Lower Tier II capital aggregating to Rs 2000 crores. The Debentures are issued as per the term sheet.The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Jun · Updates
Chairman's speech delivered at the Annual General Meeting of the Bank held on June 01, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.1 Jun · Meeting
Vide its letter dated June 01, 2009 that "At the Annual General Meeting held today at Ahmedabad the following resolutions were passed by the shareholders of the bank: 1) The payment of dividend @ Rs. 10/- per equity share i.e. 100% has been approved. The dividend warrants will be dated and payable from June 2, 2009. 2) Shri M.V. Subbiah and Shri Ramesh Ramanathan retired by rotation and were reappointed as Directors.3) M/s S.R. Baltiboi & Co. were reappointed as the Statutory Auditors of the bank for the year 2009-10. 4) Resolution pertaining to the amendment in the Memorandum of Association of the bank has been approved.{Removing the line "The company shall have power to issue redeemable preference shares" from second para of clause V (Capital Clause) }.5) Resolution pertaining to the alteration to the Articles of Association of the bank in respect of separation of the post of chairman and CEO into separate posts of i) Non-Executive Chairman and ii) Managing Director to be effective from June 1, 2009 instead of August 1, 2009 has been approved."1 Jun · Management
Vide its letter dated June 01, 2009 that "The Board of Directors of Axis Bank at its meeting held today inducted Smt. Shikha Sharma as an Additional Director of the Bank. The shareholders of the Bank have at the Annual General Meeting held today approved the alteration to the Articles of Association of the Bank in respect of separation of the post of Chairman and CEO into separate posts of (i) Non- Executive Chairman and (ii) Managing Director to be effective from 1st June, 2009 instead of 1st August, 2009. Consequent to the approval of the shareholders, Smt. Shikha Sharma has taken over as the Managing Director and CEO of the Bank with immediate effect". Further the Bank has submitted a copy of the press release. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.1 Jun · Raising of Capital
Board of Directors of the Bank at is meeting held on June 01, 2009 approved borrowing/raising funds to the extent of Rs. 3,000 crores in FY 2009-10 by issue of Debt instruments to the extent indicated below in one or more tranches as per the structure and within the limits permitted by RBI and other regulatory authorities from eligible investors: (1) Rs. 500 Crores or equivalent amount in Indian/foreign currency by issue of debt instruments in domestic and/or overseas market, eligible for inclusion in Tier I capital. (ii) Rs. 2,500 Crores or equivalent amount in Indian/foreign currency by issue of debt instruments in domestic and/or overseas market, eligible for inclusion in Tier II capital. The above instruments will be listed at NSE/BSE/or any other Stock Exchange, if required.
May 2009
14 May · Board meeting
Committee of Directors of the Bank has on May 14, 2009 made the allotment of 3,95,192 equity shares of Rs. 10/- each to the employees of the Bank, under ESOP.The paid up share capital of the bank will accordingly get increased to 35,94,41,607 equity shares from 35,90,46,415 equity shares.13 May · Board meeting
Meeting of the Committee of Directors of the Bank is convened on May 14, 2009, to, inter-alia, consider the allotment of equity shares under ESOP.
Apr 2009
22 Apr · Demise
Shri A.T. Pannir Selvam, Director of our Bank, passed away on 21st April 200920 Apr · Meeting
Board of Directors of the Bank has recommended the payment of dividend @ Rs. 10/- per equity share i.e. 100% on equity shares of the Bank and the same will be payable after it is approved by the shareholders at the Annual General Meeting scheduled to be held on June 01, 2009. The Bank had declared dividend of Rs. 6.00 per equity share i.e. 60% for the previous year 2007-08. Further, it is proposed to pay / dispatch the dividend warrants for the year 2008-09 to the shareholders of the Bank on or after June 02, 2009. Accordingly the date of the dividend warrants will be June 02, 2009. The Register of Members and the Share Transfer Books of the Bank will remain closed from May 18, 2009 to June 01, 2009 (both days inclusive) for the purpose of the Annual General Meeting of the Bank for determining the entitlement of dividend declared for the year ended March 31, 2009.20 Apr · Management
Board of Directors of the bank at its meeting held on April 20, 2009 has, subject to the approval of the RBI and shareholders, recommended the appointment of Ms. Shikha Sharma as the Managing Director and CEO of the Bank. The appointment will be for a period of 5 years. Mr. P. J. Nayak, Chairman & CEO, dissented from the decision, and informed the Board of Directors that he would be leaving the Bank forthwith.20 Apr · Dividend
Board of Directors, at their meeting held on April 20, 2009 has recommended a dividend of Rs. 10.00 per share (100%) for the year ended March 31, 2009 (previous year Rs.6.00 per share (60%)), subject to the approval of the members at the ensuing Annual General Meeting.20 Apr · Results
Consolidated Results for the year ended on 31-MAR-2009 as follows: Interest earned of Rs. 1082911 lacs for the year ending on 31-MAR-2009 against Rs. 700508 lacs for the year ending on 31-MAR-2008. Interest expended of Rs. 714892 lacs for the year ending on 31-MAR-2009 against Rs. 441984 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 181293 lacs for the year ending on 31-MAR-2009 against Rs. 105914 lacs for the year ending on 31-MAR-2008.20 Apr · Results
Standalone Results for the year ended on 31-MAR-2009 as follows: Interest earned of Rs. 1083548 lacs for the year ending on 31-MAR-2009 against Rs. 700531 lacs for the year ending on 31-MAR-2008. Interest expended of Rs. 714927 lacs for the year ending on 31-MAR-2009 against Rs. 441996 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 181536 lacs for the year ending on 31-MAR-2009 against Rs. 107103 lacs for the year ending on 31-MAR-2008.20 Apr · Results
Standalone Results for the quarter ended on 31-MAR-2009 as follows: Interest earned of Rs. 303922 lacs for the quarter ending on 31-MAR-2009 against Rs. 201543 lacs for the quarter ending on 31-MAR-2008. Interest expended of Rs. 200662 lacs for the quarter ending on 31-MAR-2009 against Rs. 118700 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 58145 lacs for the quarter ending on 31-MAR-2009 against Rs. 36140 lacs for the quarter ending on 31-MAR-2008.20 Apr · Board meeting
Committee of Directors of the Bank has on April 18, 2009 made the allotment of 41,297 equity shares of Rs.10/- each to the employees of the Bank, under ESOP. The paid up share capital of the Bank will accordingly get increased to 35,90,46,415 equity shares from 35,90,05,118 equity shares.17 Apr · Board meeting
Meeting of the Committee of Directors of the Bank is convened on April 18, 2009, to, inter-alia, consider the allotment of equity shares under ESOP.1 Apr · Board meeting
To inter alia consider the following: (1) To consider and take on record the Audited Annual / Unaudited Quarterly Financial Results for the year / quarter (Q4) ender March 31, 2009. (2) To declare dividend for the financial year 2008-09, if any.
Mar 2009
31 Mar · Allotment of Debentures
Board of Directors of the Bank has passed a resolution approving Allotment of Unsecured Redeemable Subordinated Non-Convertible Subordinated Debentures on private placement basis as the Bank's Lower Tier II capital aggregating to Rs. 200 Crores. The Debentures are issued as per the term sheet. A copy of the term sheet shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.27 Mar · Issue of Debentures
Issue of Unsecured Redeemable Non-Convertible Subordinated Debentures (Lower Tier II Debentures) of Rs. 10,00,000/- each aggregating to Rs.200 crores. The said issue has since been opened and closed on March 26, 2009 by the bank. The date of allotment / deemed date of allotment will be March 28, 2009.23 Mar · Board meeting
Vide its letter dated March 23, 2009 that: "The Committee of Directors of the Bank has today made the allotment of 9,669 equity shares of Rs. 10/- each to the employees of the Bank, under ESOP. The paid up share capital of the Bank will accordingly get increased to 35,90,05,118 equity shares from 35,89,95,449 equity shares".23 Mar · Board meeting
Meeting of the Committee of Directors of the Bank is convened on March 23, 2009, to, inter-alia, consider the allotment of equity shares under ESOP.9 Mar · Disclosure
Bank have received confirmation from its promoters, viz; The Administrator of the Specified Undertaking of the Unit Trust of India, Life Insurance Corporation of India, General Insurance Corporation of India, The New India Assurance Company Limited, United India Insurance Company Limited, The Oriental Insurance Company Limited and the National Insurance Company Limited, that they have not pledged any shares of Axis Bank Limited.
Feb 2009
27 Feb · Results
Result of the postal ballot, for alteration of the Articles of Association of the Bank for separating the present post of the Chairman and CEO of the Bank into two separate posts of (i) Non-Executive Chairman and (ii) Managing Director with effect from August 01, 2009. Further the Company has informed the Exchange that as per votes cast in favour of the resolution are 99.89% of the total valid votes cast, a special resolution under section 31 of the Companies Act, 1956 as mentioned in the notice of the postal ballot dated January 09, 2009 for alteration of the Articles of Association of the Bank is passed with requisite majority. A copy of the result of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.23 Feb · Board meeting
Vide its letter dated February 21, 2009 that: "The Committee of Directors of the Bank has today made the allotment of 5,960 equity shares of Rs. 10/- each to the employees of the Bank, under ESOP. The paid up share capital of the Bank will accordingly get increased to 35,89,95,449 equity shares from 35,89,89,489 equity shares".20 Feb · Board meeting
Meeting of the Committee of Directors of the Bank is convened on February 21, 2009, to, inter-alia, consider the allotment of equity shares under ESOP.
Jan 2009
28 Jan · Meeting
In terms of Section 192A of the Companies Act, 1956, the Company may proposes any resolution to be passed through postal ballot in accordance with Companies (Passing of Resolution by Postal Ballot) Rules, 2001 (the "Rules"). (1) Special Resolution under Section 31 of the Companies Act, 1956, according shareholders' approval for Alteration of the Articles of the Company in respect of separation of the present post of Chairman and CEO into the posts of (i) Non-Executive Chairman and (ii) Managing Director. The Board has appointed Shri Ashwin Lalbhai Shah, Advocate, Gujarat High Court, Ahmedabad, as the Scrutinizer for conducting the postal ballot voting process in a fair and transparent manner. Duly completed Postal Ballot Form should reach the Scrutinizer not later than the close of working hours on February 24, 2009. A copy of the notice of postal ballot shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.