The capital markets regulator has introduced a credit-rating based quota for allocating limits for anchor investors, according to a circular issued on Friday. Earlier, the anchor allocation was capped at 30% of the base size.
Kotak Mahindra MF, Citigroup, others buy 10.64% stake in Home First Finance for Rs 1,307 crore
Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home