Comments
Kotak Mahindra (International) on Tuesday exited fully from South Indian Bank. According to bulk deal data on the BSE, it sold 2.85 crore shares at an average price of ₹21.2. The buyer is Lavender Investments Pvt Ltd, which already holds 3.81 crore shares (2.82 per cent stake of the paid-up capital) in the Kerala-based bank.
Kotak Mahindra (Int’l) is an arm of Kotak Mahindra Bank and is registered with the Financial Services Commission-Mauritius.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.