Kotak Mahindra Bank announced the successful completion of the stake sale in its subsidiary, Infina Finance Private Limited (“Infina”), by Kotak Mahindra Capital Company Limited. The transaction, finalized on March 24, 2026, results in Infina ceasing to be an associate company of the Bank immediately following the closure. The disclosure follows a prior intimation made on March 21, 2026, confirming the divestment process.
Confirmation of Subsidiary Divestment
Kotak Mahindra Bank has officially confirmed the completion of the sale of its stake in Infina Finance Private Limited (“Infina”). This transaction involved Kotak Mahindra Capital Company Limited, which is a wholly-owned subsidiary of the Bank.
Effective Date and Status Change
The stake sale was formally completed on March 24, 2026. As a direct consequence of this closure, Infina Finance Private Limited has officially ceased to be an associate company of Kotak Mahindra Bank as of the same date.
This announcement serves as an update to the previous disclosure provided to the stock exchanges on March 21, 2026, regarding the intention to divest the stake in the finance subsidiary.
Regulatory Filings and Record Keeping
The Bank has requested that the respective stock exchanges take this information on record and disseminate it through their official platforms. The full intimation regarding this transaction is also being made publicly available on the Bank’s official Investor Relations website.
Source: BSE
