Axis Bank Ltd.

Axis Bank has sold its investment of 90,50,000 equity shares held in Religare Enterprises (REL) on January 13, 2020, equivalent to 3.51% of the paid up capital in REL. Consequent to the sale, the shareholding of the Bank stands at 1.67% of the paid up capital in REL.

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.