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AXISBANK · Axis Bank Limited · NSE · Filed 5 Oct · 1 min read

Axis Bank's South Branch Banking Head Resigns, Exits October 30

Sanjeev Moghe, Group Head: Branch Banking – South, has resigned to pursue an opportunity outside the bank and will be relieved on October 30, 2026.

What was filed

Axis Bank told the exchanges that Sanjeev Moghe, a Senior Management Personnel designated **Group Head: Branch Banking – South**, tendered his resignation on October 4, 2026, to pursue an opportunity outside the bank. He will be relieved at the close of business on October 30, 2026, and will cease to be a Senior Management Personnel from that date.

The disclosure was made under Regulation 30 of the SEBI Listing Regulations, with the resignation letter and prescribed cessation details attached as annexures. The bank recorded its appreciation for Moghe's contributions during his tenure.

Context for a holder

The change affects a single senior-management role, not a board-level or key managerial position — Moghe led branch banking for the South region. The bank disclosed no successor, interim arrangement, or further detail beyond the fact and effective date of the cessation.

As a routine Regulation 30 disclosure, the filing is self-contained and procedural: it states who is leaving, the stated reason, and when.

The departure affects one regional senior-management position in branch banking; the filing names no replacement and discloses no financial impact, so its relevance to a holder lies mainly in tracking continuity within the bank's retail distribution leadership.

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