Fri, Sep 16, 2016
“This is to inform you that the bank has signed a share purchase agreement with IFCI Limited (IFCI) for acquisition of 73,28,334 equity shares -which is almost 13.67% at face value of Rs 10 per share in ACRE from IFCI at Rs 31 per share – total cash consideration of Rs 22.72 crore.” Axis Bank said in a statement.
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