CCI approves subscription of certain equity shareholding by Kedaara Pearl Holding and Kedaara Capital Fund IV AIF in Axis Finance Limited

**Summary of CCI Approval: Axis Finance Limited and Kedaara Group** The Competition Commission of India (CCI) has approved the subscription of equity shareholding in Axis Finance Limited by Kedaara Pearl Holding and Kedaara Capital Fund IV AIF. **Key Details of the Transaction:** * **Acquirers:** Kedaara Pearl Holding and Kedaara Capital Fund IV AIF. Both entities are investment vehicles belonging to the Kedaara Group. * **Target Company:** Axis Finance Limited. * **Nature of the Combination:** The proposed transaction involves the subscription of specific equity shares in the Target by the Acquirers. * **Target Business Operations:** Axis Finance Limited provides a diverse range of financial services across India, including: * Wholesale lending * MSME financing * Retail loans to individuals and businesses * Distribution of insurance products **Administrative Information:** * **Date of Announcement:** June 16, 2026, at 6:38 PM * **Issuing Authority:** PIB Delhi / Competition Commission of India * **Release ID:** 2273668 * **Visitor Counter:** 327 * **Status:** A detailed order from the Commission is expected to follow this announcement.

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