Kotak Mahindra Bank divests 10 per cent stake in ECA Trading Services to its arm

Kotak Mahindra Bank has sold 1,09,48,925 equity shares of Rs 10 each (10 per cent of its stake) of ECA Trading Services Limited to Kotak Securities (a wholly-owned subsidiary of the bank), at a consideration of Rs 1.98 crore, it said in a regulatory filing.

from Banking/Finance-Industry-Economic Times https://ift.tt/3kNx51c