bank muscat Investment in Mangal Keshav Securities

bank muscat Investment in Mangal Keshav Securities Ltd.

The Board of Directors of bank muscat has given its approval, subject to regulatory clearances, to exit the bank's 45.7% shareholding in Mangal Keshav Securities Ltd, the Indian securities firm. The Bank is considering various exit options including share buyback by the company. We will update the market on further developments.