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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 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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