axis bank Q 4 results

(20 second reading) Private equity firm Bain Capital is set to sell 1.08% stake, or 33.37 million shares, of Axis Bank worth Rs. 3,575 crore Tuesday through an open market transaction, showed a term sheet issued by BofA Securities,

The offer price has been fixed in the range of 1,071.0 to 1,076.05 per share, representing a modest discount at best to Monday’s closing price of 1,076.05 per share. BofA Securities India is the sole book-runner for the deal.

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