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CCI approves subscription of equity by Kedaara Pearl & Kedaara Capital in Axis Finance

Published: Jun 17, 2026

By TIOLCorplaws News Service

NEW DELHI, JUN 17, 2026: THE Competition Commission of India (CCI) has approved subscription of certain equity shareholding by Kedaara Pearl Holding and Kedaara Capital Fund IV AIF in Axis Finance Limited.

The proposed combination relates to a subscription of certain equity shareholding by Kedaara Pearl Holding and Kedaara Capital Fund IV AIF (collectively, the 'Acquirers') in Axis Finance Limited (Target).

The Acquirers are investment vehicles which belong to the Kedaara Group.

The Target is engaged in the provision of a range of financial services, including wholesale lending, MSME financing, retail loans to individuals and businesses across India, and the distribution of insurance products.

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