Kotak Mahindra Bank Ltd.

In accordance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Kotak Mahindra Bank has informed that Kotak Alternate Asset Managers (earlier known as Kotak Investment Advisors), a wholly-owned subsidiary of the Bank has acquired 1,29,870 nos. of Compulsorily Convertible Preference Shares (‘CCPS’) of NKURE THERAPEUTICS (‘NKURE’) on October 18, 2023, upon conversion of 10,00,000 nos. of Compulsorily Convertible Debentures (‘CCDs’) at a price of Rs 77 per CCPS, constituting acquisition of 6.12% of the paid-up share capital of NKURE. The details of the above acquisition, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III and the SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, are enclosed as Annexure A.