 "ipo")
Private sector lender Kotak Mahindra Bank on Sunday said it is pursuing appropriate legal action in Ashneer Grover case. Grover is co-founder and managing director (MD) of Bharat Pe, who had sent a legal notice to the bank on October 30, 2021, for allegedly failing to provide initial public offering (IPO) financing in the IPO of FSN E-Commerce Ventures Ltd, or Nykaa, and to allocate its shares in the HNI/NII category.
The bank in a statement said, “The (legal) notice was received by us and was replied to appropriately at the time, including placing on record our objections to inappropriate
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