Mirae Asset Mutual Fund (MF), ICICI Prudential MF, ICICI Prudential Life Insurance Company, Norges Bank, Morgan Stanley Asia Singapore Pte, Societe Generale, Blackstone, BofA Securities Europe SA were the buyers of Axis Bank shares. Get more Companies News and Business News on Zee Business.
Bain Capital sells 1 08 pc stake in Axis Bank for Rs 3,574 cr devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Rakesh Gangwal, his wife Shobha Gangwal, and their family trust, all members of the promoter group, owned approximately 34% of the airline in December 2022.
Gangwal, the co-founder of Indias largest carrier, had said that he would gradually reduce the holdings in the company after stepping down from the board in February 2022. Shobha Gangwal has completely exited the airline.