Kotak Mahindra Bank gets RBI nod to cap promoters’ voting rights at 20% till March

The bank says promoters#39; voting rights will be capped to 15 percent from April 1 and their shareholding cut to 26 percent within six months of the final nod from RBI.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/kotak-mahindra-bank-gets-rbi-nod-to-cap-promoters’-voting-rights-at-20-till-march_13428221.html