Kotak Mahindra Bank arm buys 74% stake in HKR Roadways for 715 crore

Kotak Mahindra Bank arm buys 74% stake in HKR Roadways for 715 crore The consideration paid for HKR, a special purpose vehicle owned by a consortium led by the Gayatri Group, also includes a one-time settlement for funding the debt with all the lenders, KSSF said in a statement.

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