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Epic Research Update : Kotak Mahindra Bank

Kotak Mahindra Bank has completed the purchase of 76,49,755 equity shares aggregating to 15% equity stake in Multi Commodity Exchange of

Epic Update Kotak Mahindra Bank
Epic Update Kotak Mahindra Bank

India (MCX), from Financial Technologies (India) (FTIL), for a consideration of Rs 459 crore.

The bank has received all the requisite regulatory approvals and all other conditions precedent to final closing under the Share Purchase Agreement which has been fulfilled.

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