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BRIEF-Kotak Mahindra Bank gets members' nod for issue of up to 62 mln shares
May 9, 2017 / 12:53 PM / 5 months ago

BRIEF-Kotak Mahindra Bank gets members' nod for issue of up to 62 mln shares

May 9 (Reuters) - Kotak Mahindra Bank Ltd

* Gets members’ nod for increase in ceiling limit on total holdings of fiis, fpis to up to 49 percent of bank’s paid up equity capital

* Gets members' nod for issue of up to 62 million shares via pvt placement/rights issue/qip Source text: bit.ly/2qXrwRs Further company coverage:

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