Kothari’s may exit and Piramal group may enter ING Vysya Life Insurance

Kothari’s may exit and Piramal group may enter ING Vysya Life Insurance.

Process of coming in and going out of insurance industry continues.

As covered earlier there is a good possibility that Kothari’s who are holding 11.5% share in ING Vysya Life Insurance may sell their shareholding to Piramal group.