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The floor price for the offer was Rs 830.63 per equity share. With the sale of the SUUTI stake, the disinvestment proceeds mopped up so far this fiscal increased to Rs 28,383 crore.
A Samoan a man who appealed his life imprisonment for killing his wife and making it look like a suicide has lost his appeal against his conviction.
The stake sale will be conducted via the Offer for Sale (OFS) mechanism by the Specified Undertaking of The Unit Trust of India, known as SUUTI, , axis bank, suuti, offer for sale
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As of September, the SUUTI held 4,65,34,903 shares representing a 1.55 per cent stake of the bank