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.
Kotak Mahindra Bank's subsidiary to sell stake in Infina Finance for Rs 1,293.91 crore