When the news is bad, don’t expect it to be good for India – Kemp

A group of investors are seeking to buy the shares of Kemp for an undisclosed amount.

The group, led by Nandan Nandan, the co-founder and CEO of BNY Mellon India, has signed an agreement to acquire the shares, a company spokeswoman said.

The shares will be sold through the Mumbai Stock Exchange on August 1, the spokeswoman said, declining to provide any further details.