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Kotak Mahindra Bank Ltd.

BSE: 500247 Sector: Financials
NSE: KOTAKBANK ISIN Code: INE237A01028
BSE 00:00 | 24 Apr 2020 Kotak Mahindra Bank Ltd
NSE 05:30 | 01 Jan 1970 Kotak Mahindra Bank Ltd

Outcome Of Board Meeting<BR>

April 22, 2020, 12:01 pm | Source: BSE

At the Meeting of the Board of Directors of the Bank held today i.e. on Wednesday April 22 2020 which commenced at 9.30AM and concluded at 11.46 A.M the Board has accorded its approval for raising of capital by way of issue of equity shares by the Bank for up to 65000000 (Six Crores and Fifty Lacs) equity shares of Rs. 5 (five) each through a private placement follow-on public offering (FPO) Qualified Institutions Placement (QIP) or a combination thereof as may be considered appropriate subject to shareholders approval and governmental/regulatory/ statutory approvals and requirements as applicable