What to watch: Axis Bank: Fund-raising plans eyed

The board of Axis Bank will meet on Saturday to consider fund-raising plans. Among the options include issue of equity shares/depository receipts and/or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares, including through QIP. Shareholders of Axis Bank would closely monitor the mode of fund-raising, pricing and the number of shares to be offered through the issue.