In a regulatory filing, Axis Bank said a letter was placed for the consideration of the board at its meeting held on April 28, 2021. "The board at the meeting has considered and approved the said request received from NIACL to reclassify it to public category from promoter category" .source https://economictimes.indiatimes.com/industry/banking/finance/banking/axis-bank-board-okays-reclassification-of-niacl-as-public-investor-from-promoter/articleshow/82296470.cms
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