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SEBI passed an order on August 24, 2026, finding that the allegations against Axis Bank Limited and its wholly owned subsidiaries were not established. Accordingly, the proceedings were disposed of without any adverse findings or directions, or imposition of any penalty.
Cyril Amarchand Mangaldas advised Nxt-Infra Trust and the Lead Managers, NovaaOne Capital Private Limited and Ambit Private Limited, on the institutional placement of Trust units aggregating to ₹7,001.50 million.
The IPO is the largest public offering in India in 2026 to date and marks a significant milestone for the Indian capital markets. The equity shares were listed on the stock exchanges on 21 July 2026.
Legal Entity Identifier The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide. It