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Kotak Mahindra Bank informs about company updates

24 Feb 2016 Evaluate

Kotak Mahindra Bank has informed that the Bank has signed on February 23, 2016 a Share Subscription and Shareholders Agreement with Airtel M Commerce Services Limited Company (AMSL) and Bharti Airtel Limited for agreeing to acquire 98,382,022 equity shares at Rs 10 each aggregating to Rs 98.38 crore being 19.90% of the paid-up capital of AMSL.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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