Kotak Mahindra Bank’s subsidiary - Kotak Mahindra (International) (KMIL), a Foreign Portfolio Investor (FPI) on its client account, has acquired 1,289,556 crore equity shares at Rs 92.69 each, aggregating to Rs 11.9 crore being 7.61% of the paid-up capital of Banswara Syntex.
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.
