Axis Bank, promoter United India Insurance settle non-disclosure case with Sebi

Mumbai: has paid Rs 41.4 lakh to Sebi to settle its case of non-disclosure of information relating to offloading of the bank’s shares by its promoter United India Insurance Company(UIIC). The non-life insurer also paid Rs 10.1 lakh to the regulator to settle the same case. Sebi said it noted in the investigation that during […]

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