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

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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, ......