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Kotak sells stake in capital market lending arm
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Kotak Mahindra Capital Company will sell nearly 31% of its stake in Infina Finance for approximately Rs 1,293.9 crore. The stake will be acquired by investors including the Rakesh Jhunjhunwala estate and other entities. This transaction will reduce KMCC's holding in the capital market lending arm to 19%. What's Your Reaction?
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