Proposal of M/s. Axis Bank Limited for increase in foreign investment from 49 percent to 62 percent subject to the aggregate foreign institutional investors holding not exceeding 49 percent of the paid up equity share capital of the bank

Proposal of M/s. Axis Bank Limited for increase in foreign investment from 49 percent to 62 percent subject to the aggregate foreign institutional investors holding not exceeding 49 percent of the paid up equity share capital of the bank https://www.taxtmi.com/news?id=12178 Approval was granted for an increase in the permissible foreign investment ceiling from 49 percent to 62 percent, subject to the constraint that aggregate foreign institutional investor holding shall not exceed 49 percent of the bank's paid-up equity capital. en-us Thu, 26 Dec 2013 14:04:36 +0530 Thu, 26 Dec 2013 14:04:36 +0530 TaxTMI RSS Generator Proposal of M/s. Axis Bank Limited for increase in foreign investment from 49 percent to 62 percent subject to the aggregate foreign institutional investors holding not exceeding 49 percent of the paid up equity share capital of the bank https://www.taxtmi.com/news?id=12178 Approval was granted for an increase in the permissible foreign investment ceiling from 49 percent to 62 percent, subject to the constraint that aggregate foreign institutional investor holding shall not exceed 49 percent of the bank's paid-up equity capital. News - Thu, 26 Dec 2013 14:04:36 +0530 https://www.taxtmi.com/news?id=12178