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Kotak Mahindra Prime informs about private placement

08 Mar 2018 Evaluate

Kotak Mahindra Prime has informed that the Company intends Secured, Redeemable, Non-Convertible Debentures with a face value of Rs 10,00,000 each (‘Debentures’), for a total issue size of Rs 330 crores with an option to retain over-subscription of Rs 300 crores aggregating to Rs 630 crores on Private Placement basis (‘Issue’).

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