Company Profile

KOTAK MAHINDRA BANK LTD.

NSE : KOTAKBANKBSE : 500247ISIN CODE : INE237A01028Industry : Bank - PrivateHouse : Kotak
BSE1799.1515.55 (+0.87 % )
PREV CLOSE (Rs.) 1783.60
OPEN PRICE (Rs.) 1757.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 116249
TODAY'S LOW / HIGH (Rs.)1744.20 1806.20
52 WK LOW / HIGH (Rs.)1108 2048.95
NSE1799.25 16 (+0.9 % )
PREV CLOSE(Rs.) 1783.25
OPEN PRICE (Rs.) 1770.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 1799.25 (198 )
VOLUME 3139384
TODAY'S LOW / HIGH(Rs.) 1744.10 1806.45
52 WK LOW / HIGH (Rs.)1108.2 2049

Company News

Date Heading Details
30-Mar-2021 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS The ESOP Allotment Committee of the Bank, at its Meeting held on March 30, 2021, allotted 2,13,900 Equity Shares of Rs.5/- each, pursuant to the exercise of equivalent number of Employee Stock Options
25-Mar-2021 Kotak Mahindra Bank informs about issuance of duplicate certificate <P align=justify>Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kotak Mahindra Bank has informed that the company has enclosed intimations received from the shareholder(s), Naravan Janiyani (Folio No: KMF800736) regarding loss of share certificates and issue of the duplicate share certificates. <P align=justify>The above information is a part of company's filings submitted to BSE.<P><BR>
16-Mar-2021 Allianz partners with Kotak Mahindra Bank's arm <p align="justify">Allianz Investment Management SE (Allianz) has partnered with Kotak Investment Advisors, a wholly owned subsidiary of Kotak Mahindra Bank, to invest in the Indian private credit market. So far, Allianz - the investment management arm of Allianz Group - has invested around $650 million in the country's private credit market and plans to increase it to $1 billion in 2021. In February this year, it had made its maiden credit investment of $150 million in Kotak Investment Advisors' (KIAL) 11th Real Estate Debt Fund that achieved closure of $380 million.</p><p align="justify">Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.<br></p>
16-Mar-2021 Kotak Mahindra Bank gains as Allianz partners with Kotak Investment Advisors <p align="justify">Kotak Mahindra Bank is currently trading at Rs. 1931.00, up by 12.30 points or 0.64% from its previous closing of Rs. 1918.70 on the BSE.<p align="justify">The scrip opened at Rs. 1918.70 and has touched a high and low of Rs. 1934.35 and Rs. 1917.00 respectively. So far 49779 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2048.95 on 16-Feb-2021 and a 52 week low of Rs. 1000.35 on 19-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 1998.75 and Rs. 1894.00 respectively. The current market cap of the company is Rs. 381253.99 crore.<p align="justify">The promoters holding in the company stood at 26.03%, while Institutions and Non-Institutions held 58.01% and 15.96% respectively.<p align="justify">Allianz Investment Management SE (Allianz) has partnered with Kotak Investment Advisors, a wholly owned subsidiary of Kotak Mahindra Bank, to invest in the Indian private credit market. So far, Allianz - the investment management arm of Allianz Group - has invested around $650 million in the country's private credit market and plans to increase it to $1 billion in 2021. In February this year, it had made its maiden credit investment of $150 million in Kotak Investment Advisors' (KIAL) 11th Real Estate Debt Fund that achieved closure of $380 million.<p align="justify">Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.</p>
15-Mar-2021 Announcement under Regulation 30 (LODR)-Change in Directorate Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Kotak Mahindra Bank Limited ("Bank"), at its meeting held today have noted the cessation of Prof. S. Mahendra Dev (DIN: 06519869), as an Independent Director of the Bank, with effect from March 14, 2021 , consequent upon completion of eight years on the Board of the Bank, in accordance with the provisions of Section 10A (2A)(i) of the Banking Regulation Act, 1949.
12-Mar-2021 Kotak Mahindra Bank informs about loss of share certificates <p align="justify">Kotak Mahindra Bank has informed that pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it enclosed the intimation/s received from the shareholder/s regarding loss of share certificates and issue of the duplicate share certificates.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
05-Mar-2021 Kotak Mahindra Bank divests 10% stake in ECA Trading Services to its subsidiary <p>Kotak Mahindra Bank has divested 10 per cent stake in ECA Trading Services to one of its subsidiaries for nearly Rs 2 crore. Kotak Mahindra Bank has sold 1,09,48,925 equity shares of Rs 10 each (10 per cent of its stake) of ECA Trading Services to Kotak Securities (a wholly-owned subsidiary of the bank), at a consideration of Rs 1.98 crore.</p><p>Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.<br></p>
05-Mar-2021 Kotak Mahindra Bank to handle salary account of Indian army personnel <P align=justify>Kotak Mahindra Bank is going to handle the salary account of the Indian army personnel. The bank has signed a memorandum of understanding (MoU) with the Indian Army for salary account. The MoU enables Kotak to offer its salary account proposition, combined with exclusive benefits for the Indian Army, to all army personnel - both active and retired.<P align=justify>Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.<BR>
05-Mar-2021 Kotak Mahindra Bank informs about disclosure <DIV align=justify><SPAN>Kotak Mahindra Bank has informed that the Bank has sold 1,09,48,925 Equity Shares of Rs 10 each (10% of its stake) of ECA Trading Services (ECA) (Formerly known as Ace Derivatives &amp; Commodity Exchange Limited) to Kotak Securities (a wholly owned subsidiary of the Bank), at a consideration of Rs 1.98 crore. The holding of the Bank at the consolidated level continues to be 20%.&nbsp;</DIV><SPAN><DIV align=justify><BR></DIV><DIV align=justify><SPAN>The above information is a part of company's filings submitted to BSE.</DIV><DIV><BR></DIV>
05-Mar-2021 Kotak Mahindra Bank surges after divesting 10% stake in ECA Trading Services to its subsidiary <P align=justify>Kotak Mahindra Bank is currently trading at Rs. 1911.25, up by 13.75 points or 0.72% from its previous closing of Rs. 1897.50 on the BSE.<BR><P align=justify>The scrip opened at Rs. 1878.65 and has touched a high and low of Rs. 1924.80 and Rs. 1869.55 respectively. So far 167844 shares were traded on the counter.<BR><P align=justify>The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2048.95 on 16-Feb-2021 and a 52 week low of Rs. 1000.35 on 19-Mar-2020.<BR><P align=justify>Last one week high and low of the scrip stood at Rs. 1924.80 and Rs. 1803.30 respectively. The current market cap of the company is Rs. 380451.43 crore.<BR><P align=justify>The promoters holding in the company stood at 26.03%, while Institutions and Non-Institutions held 58.01% and 15.96% respectively.<P align=justify>Kotak Mahindra Bank has divested 10 per cent stake in ECA Trading Services to one of its subsidiaries for nearly Rs 2 crore. Kotak Mahindra Bank has sold 1,09,48,925 equity shares of Rs 10 each (10 per cent of its stake) of ECA Trading Services to Kotak Securities (a wholly-owned subsidiary of the bank), at a consideration of Rs 1.98 crore.<P align=justify>Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.<BR>