The Moscow Arbitration Court has rejected a request from the Deposit Insurance Agency (DIA) to disclose the shareholders of the Axioma Capital closed-end investment fund, which controls Softline. The DIA sought this information as part of the bankruptcy proceedings of the company Integratsiya, suspecting that assets from the bankrupt IT Group were transferred to Softline.
The court subsequently separated the claims against Softline into a distinct legal proceeding. During the November 12, 2026, hearing, the court again denied the DIA's request to reveal the fund's unit holders, ruling that the provided documentation sufficiently addressed concerns regarding the involvement of individuals subject to subsidiary liability.
The DIA alleges that Integratsiya was a shell company used to funnel funds from the defunct Roskomsnabbank into IT Group structures. The agency claims that credits totaling approximately 700 million rubles were diverted. Softline maintains that it acquired assets from IT Group at market prices, totaling around 500 million rubles, with approval from creditors such as VTB and PSB.
Softline, formerly part of the international Softline group, underwent a restructuring in 2022. The Russian business was sold to the Atalaya company, which is owned by the Axioma Capital fund. Following a listing on the Moscow Exchange, the ownership structure evolved, though Axioma Capital remains the controlling shareholder.
