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ENAM SECURITIES PRIVATE LTD
- Axis Bank reworks share swap ratio for Enam deal
After the much-awaited green signal from the apex bank to its much-delayed takeover of Enam Securities.
- Axis Bank Q4 net up 20% at Rs 1,277 crore, proposes 160% dividend
Private sector lender Axis Bank clocked 20.3 per cent jump in net profit at Rs 1,277.27 crore for the fourth quarter ended March 31, 2012.
- Axis-Enam passes RBI litmus test; deal to go through after 17-month wait
Axis' acquisition of Enam Securities is aimed at strengthening its presence in the investment banking and stock broking business.
- Hopeful of RBI nod for Enam-Axis deal by next month: Vallabh Bhanshali
Enam Securities has said it is hopeful of its sale to Axis Bank - pending for the last 16 months - going through before the end of the fisc...
- Axis Bank board approves Enam Securities acquisition; stock deal worth Rs 1,546 crore
Axis will subsequently transfer the business to a subsidiary, Axis Securities and Sales Ltd (ASSL), for a cash payment of Rs 274 crore.
- Axis Bank up; RBI asks bank to justify Enam Securities deal price
The Reserve Bank of India (RBI) has questioned the valuation and structure of the high-profile deal cut by private lender Axis Bank last No...
- RBI asks Axis Bank to justify Enam deal price
RBI has questioned the valuation and structure of the high-profile deal cut by Axis Bank last November to buy Enam Securities.
- Axis Bank - Enam: Regulating financial conglomerates
With the country’s equity markets booming, it is but natural that Axis Bank should want a bigger role in this space.
- Axis pares gains to close 3 pc down on BSE
Buoyed by its acquisition of Enam Securities private sector lender Axis Bank rose about 3% in the early trade but surrendered its gains to ...
Axis-Enam deal: Staff integration key to merger’s successApart from issues on the people front, there can be client-related problems as well.
Axis-Enam deal: It’s a game changer in fin worldAxis Bank is merging the investment banking and equities businesses of domestic financial major Enam Securities with itself, in a deal valu...
- Axis Bank gains 3 pc in early trade on BSE on Enam acquisition
Axis Bank surged by nearly 3 per cent in early trade on the BSE today, buoyed by its acquisition of brokerage firm Enam Securities.
For each Enam share, its shareholders will get 5.7 of AxisAxis Bank will issue shares equivalent to 3.3% of its expanded share capital to the shareholders of the privately-owned Enam.
- Axis Bank wins Enam, buys its best for Rs 2,067 crore
Axis, led by CEO Shikha Sharma will acquire Enam Securities’ key businesses such as investment banking, institutional & retail broking in a...
Axis Bank buys investment banking arm of Enam for Rs 2,067 croreThe deal comprises investment banking unit, corporate advisory services and equity distribution arm of Enam Securities.
- Enam Capital to buy 11.8% stake in Kolkata-based TIL
Enam Capital, an investment arm of Enam Group, is picking up an 11.76% stake in the proposed expanded capital base of TIL (formerly Tractor...
- Nomura-Enam deal's off: I-bankers
The much-hyped deal ran into rough weather as the Japanese major was reluctant to shell out more than $400 million for the Indian entity.