With reference to the earlier announcement dated May 14, 2009 regarding approval from the Forward Markets Commission (FMC) for an investment by the Kotak Mahindra Group into the Ahmedabad Commodity Exchange (ACE) as an anchor investor, Kotak Mahindra Bank Ltd has now informed BSE that Kotak Mahindra Group, namely Kotak Mahindra Bank Ltd and it affiliates, has invested in ACE on August 04, 2009, having obtained all necessary regulatory and other approvals.
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