What is Kotak Mahindra Capital Company selling its stake in?

Kotak Mahindra Capital Company is selling a part of its stake in Infina Finance.

What is the total value of the Infina Finance stake sale?

The aggregate consideration for the stake sale in Infina Finance is approximately ₹1,293.91 crore.

When is the Infina Finance stake sale expected to be completed?

The transactions are expected to be completed on or before March 31, 2026.

Home / Business and Economy / Kotak Mahindra Sells Infina Stake for ₹1,294 Crore

Kotak Mahindra Sells Infina Stake for ₹1,294 Crore

22 Mar

•

Summary

Kotak Mahindra Capital Company divests 30.99% stake in Infina Finance.
Aggregate consideration for the stake sale is ₹1,293.91 crore.
Infina Finance will cease to be an associate company post-transaction.

Kotak Mahindra Sells Infina Stake for ₹1,294 Crore

Kotak Mahindra Capital Company (KMCC), a subsidiary of Kotak Mahindra Bank, has agreed to sell a 30.99% stake in Infina Finance to various investors for a total of ₹1,293.91 crore. This strategic divestment will reduce KMCC's holding to 19%, causing Infina Finance to cease being an associate company of the bank.

The stake sale includes portions to Derive Trading and Resorts, Bright Star Investments, and trusts associated with the late investor Rakesh Jhunjhunwala. A portion is also being sold to KF Trust, a Uday Kotak family trust, which is categorized as a related-party transaction conducted at arm's length.

Infina Finance, established in 1996, offers services like lending against securities and property. For the fiscal year ending March 31, 2025, it reported a turnover of ₹532.66 crore and a net worth of ₹2,727.99 crore. The deal is anticipated to conclude by March 31, 2026, pending customary conditions.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.