Bain Capital to sell 1.08% stake worth Rs 3,575 crore in Axis Bank

April 9, 2024

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.

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Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors

The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,

June 12, 2025

Defying gravity: This smallcap stock surges 22% in just two sessions after BNP Paribas buys stake

Unified Data Tech surged 16% to a 52-week high of ₹387 on strong volumes following a block deal where BNP Paribas acquired over 1 lakh

June 12, 2025

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