Kotak PE scores a neat exit from decade-long manufacturing bet

Kotak Private Equity, the alternative asset management arm of Kotak Mahindra Group, has sold its stake in an auto ancillary company, bringing the curtains down on the decade-long investment. The PE firm sold its remaining 1.8% stake in Minda Corporation, a company in which it had invested in March 2011. Kotak PE, ......