INSUBCONTINENT EXCLUSIVE:
General Insurance company for a total consideration of Rs 481.72 crore.
The lender will sell SBI General Insurance stake to Axis AMC and PI
today has inter alia accorded approval for divestment of 86,20,000 equity shares constituting 4% stake in SBI General lnsurance Company at a
total consideration of Rs 481.73 crore to M/s Axis New Opportunities AIF-l (Axis AMC Ltd.) and Pl Opportunities Fund-I (Premji) subject to
to find valuation for company
nascent in India, it is a highly under penetrated market, we foresee a significant scope of growth for SBI GI to achieve size, scale and
