Halwasiya Adds Another 45 Lakh Shares To Karnataka Bank Stake, Signalling Serious Long-Term Entry

Mumbai (Maharashtra) [India], November 24: After recently acquiring 38 lakh shares worth around ₹71 Cr in Karnataka Bank, ace investor and entrepreneur Aditya Kumar Halwasiya has followed up by buying an additional 45 Lakh shares worth ₹90 Cr on 24 November, reinforcing the view that this is a serious, strategic entry into the private sector lender.

Market participants point out that Halwasiya has a track record of unlocking substantial value in companies where he takes a meaningful ownership stake along with an active board role….