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Kotak Bank’s arm buys 6.8% in Diamond Power Infrastructure for Rs 9.16 crore

07 Apr 2016 Evaluate

Kotak Mahindra Bank’s subsidiary - Kotak Mahindra (International) (KMIL), a Foreign Portfolio Investor (FPI) has acquired 38,68,606 equity shares at Rs 23.65 each, aggregating to Rs 9.16 crore being 6.8% of the paid-up capital of Diamond Power Infrastructure.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

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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