Kotak Mahindra Mutual Fund Offers Shares of Chennai Super Kings for Sale

Kotak Mahindra Asset Management Company Ltd (KMAMC), acting as the investment manager for Kotak Mahindra Mutual Fund, is offering to sell up to 19,73,000 unlisted equity shares of Chennai Super Kings Cricket Ltd. held by the Kotak Equity Savings Fund. Interested and eligible investors are invited to submit their expressions of interest or bids by sending an email to csk@kotak.com by September 30, 2024. The bids will be valid for 30 days from the bid closure date.

Bidders are required to provide specific information in their submission, including the bid price in INR per share, the number of shares they wish to purchase (with a minimum quantity of 10,000 and in multiples of 1,000), and contact information. Additionally, bidders must declare their eligibility, the accuracy and legality of the provided information, their compliance with all applicable laws and regulations, and their agreement to cooperate with any regulatory inquiries. KMAMC reserves the right to reject any bid if it is incomplete, ambiguous, or if any provided information is found to be false or misleading. The document also outlines the KMAMC's authority to reject bids, amend procedures, and maintain the confidentiality of the received bids. Employees of KMAMC and their relatives are not eligible to participate in the bidding process.