Axis Capital to explore legal remedies against Sebi's ban on debt segment biz




Axis Capital announced on Friday that it is considering legal options against Sebi's order, which prohibits the firm from accepting new assignments as a merchant banker in the debt segment.
The company clarified that there are no additional restrictions and will continue its operations in equity capital markets, InvITs, REITs, M&A, private equity, and institutional equities.
This restriction from Sebi will remain until further notice.

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