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IFCI provides update on divestment of its stake in ACRE

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Last Updated : Dec 13 2016 | 12:01 AM IST

Transfers 73,28,328 shares of ACRE to Axis Bank

IFCI announced that 73,28,328 shares of Assets Care & Reconstruction Enterprise (ACRE) have been transferred by IFCI to Axis Bank, a non-existing shareholder of the Company.

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First Published: Dec 12 2016 | 9:15 AM IST

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