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Kotak Mahindra Bank acquires 9,83,82,022 equity shares of Airtel M Commerce Services Limited Company

Kotak Mahindra Bank Ltd has informed BSE that the Bank has signed on February 23, 2016 a Share Subscription and Shareholders Agreement with Airtel M Commerce Services Limited Company (AMSL) and Bharti Airtel Limited for agreeing to acquire 9,83,82,022 equity shares at Rs. 10/- each aggregating to Rs. 98.38 crore being 19.90% of the paid-up capital of AMSL.

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