Update - Completion of sale of stake in Infina Finance Private Limited
KOTAKBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kotak Mahindra Bank's wholly-owned subsidiary, Kotak Mahindra Capital Company Limited, has completed the sale of its stake in Infina Finance Private Limited on March 24, 2026. This follows the earlier disclosure made on March 21, 2026 regarding the stake sale. With this completion, Infina Finance has ceased to be an associate company of Kotak Mahindra Bank. The transaction involves the bank's capital markets arm divesting its holding in a financial services associate.
The divestment simplifies the bank's group structure and frees up capital from a non-core associate, which can be redeployed into its core banking operations. Investors should note this is a non-banking, non-core financial services exit and is unlikely to have a material impact on the bank's earnings or stock price.