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Kotak Mahindra Bank: Investment In IBBIC Private Limited ('IBBIC')

Further to the disclosure dated November 21 2021 we wish to inform you that Kotak Mahindra Bank Limited (Bank) has subscribed to 50 000 Equity Shares of face value Rs. 10 each fully paid up of IBBIC Private Limited (IBBIC) for a consideration of Rs. 10 per equity share constituting 5.55% of the issued and paid up capital of IBBIC on July 26 2021.

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