Kotak Securities To Acquire 7.5% Stake In Entroq Technologies
Kotak Securities, a subsidiary of Kotak Mahindra Bank, will acquire 7.5% stake in NCR-based Entroq Technologies for INR 3 Cr.
Source: inc42.com
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Kotak Securities, a subsidiary of Kotak Mahindra Bank, will acquire 7.5% stake in NCR-based Entroq Technologies for INR 3 Cr.
The acquisition will be executed in terms of primary share issuance of 100 equity shares and 10,568 cumulative compulsorily convertible preference shares to Kotak Securities Ltd. (KSL).