COMPANY NEWS DETAILS

As on (27 Jul 2021 | 03:17)
Kotak Mahindra Bank acquires 46.7% stake in Kotak Mahindra Pension Fund Back
(18 May 2021)
Kotak Mahindra Bank has acquired 1,30,80,000 Equity Shares (~46.7% of the issued and paid-up Equity Share Capital) of Kotak Mahindra Pension Fund (KMPFL) from Kotak Mahindra Asset Management Company (KMAMC+).

KMPFL was a direct subsidiary of KMAMC and that, post the said acquisition of shares, KMPFL has now become a direct subsidiary of the Bank.

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