Government To Sell Its Entire 1.55% Stake In Axis Bank
India to sell a 1.55 per cent stake in Axis Bank through an offer for sale, a government investment vehicle said on Wednesday.
Source: ndtv.com
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Stock Market LIVE: Frontline indices widen losses; Sensex down 470 points, Nifty 130 points lower; Tata Motors, Axis Bank top losers
Stock Market LIVE: Weakness in the frontline indices could be attributed to pressure on the auto and bank stocks. Tata Motors was the biggest loser on the Nifty50 after the company posted lower than estimated September quarter results Get more Markets News and Business News on Zee Business.
Source: zeebiz.com
Government to sell entire SUUTI's 1.55% stake in Axis Bank via OFS
The entire divestment proceeding will be allocated to the government, which means the government is expecting to get approximately Rs 4,000 crore from shares sale.
Source: freepressjournal.in
Govt to sell up to 1.55% in Axis Bank held through SUUTI
The union government will sell up to 1.55% of the total issued and paid-up equity share capital of the private lender through the Specified Undertaking of the Unit Trust of India
Source: livemint.com
Govt to exit Axis Bank with sale of 1.55% stake; expects to garner Rs 4,000 cr
Shares of Axis Bank on Wednesday closed at Rs 874.35, up 0.17 per cent over the previous close on the BSE.
Source: businesstoday.in