Axis Growth Avenues AIF — I | Acquisition of stake in National Stock Exchange of India Limited
Khaitan & Co advised Axis Growth Avenues AIF — I (an Axis AMC entity) in acquisition of stake in National Stock Exchange of India Limited (“Company”), by way of purchase of Equity Shares in the Company from Crown Capital Limited. The Company is India’s largest financial market and provides a platform to companies to raise capital and for investors to participate in the stock, fixed income securities and the derivatives markets.
The core team consisted of Vineet Shingal (Partner), Tanushree Bhuwalka (Partner), Devaditya Chakravarti (Principal Associate), Aditi Halder (Associate), and Ankur Kumar (Associate).
Ashish Ahluwalia, Director Private Equity (Axis AMC) led the Axis Team on the transaction.
Axis Growth Avenues AIF – I is a private equity growth expansion fund managed by Axis Asset Management Company.
Crown Capital Limited is an Investments company headquartered in Dubai. The company has grown exponentially with investments in a number of businesses operating across several sectors including hospitality, trade, retail and finance across the UAE and the Middle East.