SBI Life Insurance Company Limited (NSEI:SBILIFE) acquired unknown minority stake in Fabindia Limited from Axis New Opportunities AIF-l managed by Axis Asset Management Company Limited on February 22, 2024. Vineet Shingal and Tanushree Bhuwalka of Khaitan & Co acted as Legal advisor to Axis Asset Management Company Limited.

SBI Life Insurance Company Limited (NSEI:SBILIFE) completed the acquisition of unknown minority stake in Fabindia Limited from Axis New Opportunities AIF-l managed by Axis Asset Management Company Limited on February 22, 2024.