Kotak Mahindra Bank Ltd.

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.