Skip to main content

MoneyWorks4Me

KMIL acquires 19.91% stake in Sat Industries

31 Aug 2018 Evaluate

Kotak Mahindra Investment (KMIL) has acquired 21,500,000 equity shares of Sat Industries, which constitutes 19.91% of the issued equity share capital of the company. KMIL has received control over said shares by way of pledge for loan facility extended to Sat Industries.

Sat Industries has presence in a wide range of activities such as manufacturing, global outsourcing of products & services, real estate, mining and marketing activities in the field of coals.

Peers
Company Name CMP
Redington 358.60
Adani Enterprises 2736.00
Amrapali Industries 34.77
Maxgrow India 178.35
Rashi Peripheral 697.90
View more..