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Kotak Mahindra Bank's subsidiary acquires 7.61% stake in Banswara Syntex

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Capital Market
Last Updated : Apr 09 2016 | 12:04 AM IST

For Rs 11.9 crore

Kotak Mahindra Bank announced that the Bank's subsidiary, Kotak Mahindra (International) (KMIL) a Foreign Portfolio Investor (FPI) on its client account, has acquired 1,289,556 equity shares at Rs. 92.69 each, aggregating to Rs. 11.9 crore being 7.61% of the paid-up capital of Banswara Syntex.

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First Published: Apr 08 2016 | 7:59 PM IST

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