The issue size is estimated at ₹2,890 crore at a lower price band and ₹3,042 crore at the upper price band. The issue will close on November 24.
The company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6
The regulator imposed this restriction as a temporary measure after discovering that Axis Capital had essentially guaranteed the redemption of NCDs under the pretence of
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