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    <title>Monitoring of Foreign Investment under the PIS - Incorporation in Ban List- M/s Kotak Mahindra Bank Limited</title>
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    <description>Sanctioned amalgamation and consequent allotment caused the transferee to reach the foreign shareholding threshold, leading to a prohibition on further acquisition of its shares on Indian stock exchanges for NRIs, PIOs, FIIs, Registered FPIs and by routes such as GDR, ADR and FDI under the applicable foreign exchange regulatory framework.</description>
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