Uday Kotak to sell stake in Kotak Mahindra Bank for 6,800 crore via block deal
Video description:
Kotak Bank is going to be a newsmaker in today's trading session with respect to the block deal today. ET Now has accessed the term sheet for Kotak Bank block deal. Billionaire banker Uday Kotak will sell a 2.8 percent stake in Kotak Mahindra Bank for at least 6,800 crore through a block deal. Kotak Bank stake sale to meet RBI norms. 5.6 Cr shares or 2.83% of equity to exchange hands. According to the term sheet, the deal is being offered at a price band of Rs 1,215 to Rs 1,240 per share. Currently, Kotak holds 28.93% in the private lender and has till August 17 this year to meet the regulatory deadline to pare his stake. Watch the video for more details! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
via https://youtu.be/mADhD_blaLo
We do not own the video this is just a player link and it could contain by other parties.
Watch youtube video here: the best video collection
No comments:
Post a Comment