Kotak Mahindra Bank has informed that the Board of Directors of Kotak Mahindra Bank at their meeting to be held on Saturday, January 20, 2024, will also consider a proposal for raising funds by way of issuance of Unsecured, Redeemable, Non-Convertible Debentures, on a private placement basis, in one or more tranches / series, during FY 2024-25, subject to the approval of the members of the Bank and any other approvals as may be necessary. This intimation is also being hosted on the Bank’s website https://www.kotak.com/en/investorrelations/governance/sebi-listing-disclosures.html in terms of the Listing Regulations, as amended.
The above information is a part of company’s filings submitted to BSE.
