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Kotak Alternate Asset Managers to acquire 6.12% stake in NKURE Back
(19 Oct 2023)
Kotak Alternate Asset Managers (earlier known as Kotak Investment Advisors), a wholly-owned subsidiary of Kotak Mahindra Bank has acquired 1,29,870 nos. of Compulsorily Convertible Preference Shares (CCPS) of NKURE THERAPEUTICS (“NKURE”) on 18 October 2023, upon conversion of 10,00,000 nos. of Compulsorily Convertible Debentures (CCDs) at a price of Rs. 77 per CCPS, constituting acquisition of 6.12% of the paid-up share capital of NKURE.
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