Kotak Offshore decreased its stake in Max Financial Services Limited from 1.06% to 1.04%, selling 75,000 shares. The value of the sold shares is approximately ₹11.77 crore, based on the share price of ₹1569.80.
A leading investment and advisory services company that owns and actively manages a majority stake in Max Life Insurance, one of India's largest non-bank life insurers and fourth largest private life insurance operator. The company provides management advisory services to group entities and nurtures business investments across the Max Group conglomerate, playing a pivotal role in India's insurance sector.
India FPI activity attributed to Kotak Mahindra group affiliates and offshore funds investing in listed Indian equities.
