Axis Bank has informed that the Bank has signed an agreement for sale of 1,40,00,000 equity shares (10% of total outstanding shares) of face value of Rs 10 per share of Experian Credit Information Company of India Limited (‘Experian India’ or the ‘Entity’) at Rs 45.7 per share, resulting in a total cash consideration of Rs 64.00 crore (Transaction). This transaction is subject to requisite regulatory approvals, including from Reserve Bank of India.
The above information is a part of company’s filings submitted to BSE.
