The Government of India has acquired about Rs 3,839 crore ($472.1 million) from the sale of Axis Bank shares held by a authorities funding car, the divestment secretary wrote on Twitter on Wednesday.
The federal government bought its total 1.55% stake, representing 46.5 million shares, in
held by way of Specified Enterprise of the Unit Belief of India (SUUTI).
The ground worth for the sale was mounted at Rs 830.63 per share.
With this sale, India has mopped up Rs 28,380 crore in divestment receipts, towards the goal of Rs 65,000 crore for 2022/23.
