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Board of Axis Bank approves additional investment of Rs 336 cr in Max Life Back
(19 Jun 2024)
The Board of Axis Bank at its meeting held on 19 June 2024 has approved the acquisition of additional equity shares of Max Life by the Bank for an amount of upto Rs. 336 crore, thereby increasing the aggregate shareholding of the Axis entities (Axis Securities and Axis Capital) from 19.02% to 19.99%.
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