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Kotak Mahindra Prime informs about private placement

15 Sep 2018 Evaluate

Kotak Mahindra Prime has informed that the Company intends to issue Secured, Redeemable, Principal Protected, Market Linked Non-Convertible Debentures with a face value of Rs 10,00,000 each (Debentures), for a total issue size of Rs 25 crores with an option to retain over-subscription of Rs 100 crores aggregating to Rs 125 crores on Private Placement basis (Issue).

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