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News Details

Kotak Mahindra Bank - Investment In IBBIC Private Limited ('IBBIC')

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27/07/2021 15:36
Further to the disclosure dated November 21, 2021, we wish to inform you that Kotak Mahindra Bank Limited ('Bank') has subscribed to 50,000 Equity Shares of face value Rs. 10 each fully paid up of IBBIC Private Limited ('IBBIC') for a consideration of Rs. 10 per equity share, constituting 5.55% of the issued and paid up capital of IBBIC, on July 26, 2021.