Kotak Mahindra Capital Company (KMCC) divests 30.99% stake in Infina Finance for ₹1,293.91 crore.

Key facts

• Kotak Mahindra Capital Company Limited (KMCC), a wholly owned subsidiary of Kotak Mahindra Bank, signed definitive agreements on 21 March 2026 to sell 30.99% of its holding in Infina Finance Private Limited.
• KMCC will transfer 9.90% stake (2,17,899 equity shares) to Derive Trading and Resorts Private Limited and Bright Star Investments Private Limited for ₹413.35 crore.
• KMCC will sell 12.10% stake (2,66,321 equity shares) to the estate of Rakesh Jhunjhunwala through its trusts for ₹505.20 crore.
• KMCC will divest 8.99% stake (1,97,870 equity shares) to existing shareholder KF Trust for ₹375.35 crore.
• Post-transaction, KMCC’s stake in Infina will drop to 19%, and Infina will cease to be an associate company of Kotak Mahindra Bank.
• The transactions are expected to complete on or before 31 March 2026, subject to customary conditions precedent.