Credit rating reaffirmed after Axis acquires Citibank's India consumer business.
Africa Capitalworks SSA 3 is the buyer.
The offer comprises fresh issue of equity shares 119.28 crore and an offer for sale by promoters of up to 2,550,000 equity shares.
The scheme is a target maturity index fund tracking the Nifty SDL December 2028 Index.
We look at the top 10 AMCs by equity AUM and evaluate at 2 levels.
Non-binding term sheet for the acquisition has been signed.
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