Bain Capital acquired its stake in Axis Bank in November 2017. BofA Securities India is the sole bookrunner. In June, Bain Capital sold a 0.7% stake in Axis Bank at an average price of Rs 968 per share, aggregating Rs 2,178 crore. Prior to this, the private equity firm had sold a 1.2% stake in October 2022.
Hindustan Zinc declares Rs 10 interim dividend. Check record date
The board’s announcement comes after a wave of investor optimism earlier in the week, with shares rising 4–6% ahead of the June 11 meeting, during