Axis Bank Ltd.

Axis Bank has signed an agreement for sale of 1,90,500 equity shares of face value of Rs 1 per share of Mswipe Technologies (Mswipe), at Rs 4,249 per share, resulting in a total cash consideration of Rs 80.94 crore.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.