Kotak Mahindra buys 1.7% stake in Innoventive Industries

Written By Unknown on Rabu, 25 Desember 2013 | 14.02

Dec 25, 2013, 10.45 AM IST

Kotak bought 9,99,670 equity shares at Rs 14.35 apiece on the National Stock Exchange.

Tags  Kotak Mahindra International, Innoventive Industries, Innoventive Ind, Kitara PIIN 1101

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Kotak Mahindra buys 1.7% stake in Innoventive Industries

Kotak bought 9,99,670 equity shares at Rs 14.35 apiece on the National Stock Exchange.

Like this story, share it with millions of investors on M3

Kotak Mahindra buys 1.7% stake in Innoventive Industries

Kotak bought 9,99,670 equity shares at Rs 14.35 apiece on the National Stock Exchange.

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Kotak Mahindra International purchased 1.68 percent stake in  Innoventive Industries through block deal on Tuesday.

Kotak bought 9,99,670 equity shares at Rs 14.35 apiece on the National Stock Exchange.

However, Kitara PIIN 1101 was the seller in a block deal, which was worth Rs 1.4 crore. The firm reduced its stake in the company to 3.14 percent from 4.82 percent.

Innoventive Industries' stock closed at Rs 14.35, down 0.35 percent amid hefty volumes on Tuesday.


 


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