Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
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Kotak Bank’s arm buys 6.8% in Diamond Power Infrastructure for Rs 9.16 crore

Date: 07-04-2016

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.