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The final consideration for the sale of shares was ₹576.77 crores and the adjusted final consideration for the assignment of receivables was ₹14.26 crore, the company said.
Uday Kotak term as non-executive chairman of the debt-ridden IL&FS group has been extended by the government of India for another six months.
He said that referring to the letter he would like to publicly apologise to him and his family, he would like to settle the dues before the end of the 2021 fiscal year.