Corporate Actions & Capital Structure › Sub-category

Preferential Allotment

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Axis Max Life to Raise ₹389 Crore via Preferential Allotment to Axis Bank

Axis Max Life to issue 2.5 crore shares at ₹151.90 each to Axis Bank, raising up to ₹389 crore for funding needs. Post-issue, Axis Bank's stake will rise to 17.23% and the Axis group's holding will be