Kotak Mahindra Bank's subsidiary to sell stake in Infina Finance for Rs 1,293.91 crore
The stake sale will be executed in multiple tranches involving different investors. KMCC will transfer 2,17,899 equity shares, representing 9.90% of Infina’s share capital, to Derive Trading and Resorts Private Limited and Bright Star Investments Private Limited for a combined consideration of Rs 413.35 crore.