Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
---|---|---|---|---|---|---|
Dividend | 29 Apr 2023 | 4 Aug 2023 | 4 Aug 2023 | 1.5 | 30 | Final |
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), this is to inform you that the Board of Directors of Kotak Mahindra Bank Limited (Bank) have, at their meeting held today, inter alia, recommended a dividend of Rs. 1.50 per Equity Share of the face value of Rs. 5/- each, out of the net profits for the financial year ended March 31, 2023, subject to the approval of the Members at the ensuing Annual General Meeting of the Bank. The Board Meeting today commenced at 12:20 p.m. (IST) and consideration of the item on approval of Consolidated and Standalone Audited Financial Results, as stated above, concluded at 2:10 p.m. (IST). The proceedings of the Board Meeting are in progress at the time of filing of this disclosure. Intimation of record date for the purpose of payment of final dividend for FY 2022-23 (As Per BSE Announcement dated on 13.07.2023) |
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