Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank has informed that the Board of Directors of Kotak Mahindra Bank have, at their meeting held today, recommended a dividend of Rs 2.00 per Equity Share of the face value of Rs 5 each, out of the net profits for the financial year ended March 31, 2024, subject to the approval of the members at the ensuing Annual General Meeting of the Bank. The Board Meeting today commenced at 9:30 am (IST) and consideration of the item on approval of Consolidated and Standalone Audited Financial Results, as stated above, concluded at 12:15 pm (IST). The proceedings of the Board Meeting are in progress at the time of filing of this disclosure. The above information 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.

The above information is a part of company’s filings submitted to BSE.