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BSE SENSEX
73,088.33
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Corporate Announcement
Security Code
500247
Company
KOTAK MAHINDRA BANK LTD.
Exchange Received Time
25/05/2020 11:10:25
Exchange Disseminated Time
25/05/2020 11:10:33
Time Taken
00:00:08
Intimation Of Results Of Postal Ballot |
5/25/2020 11:10:32 AM
This has reference to our letter dated April 24, 2020 enclosing the postal ballot notice alongwith the explanatory statement seeking consent of the members by way of special resolution for raising of capital by way of issue of equity shares, by the Bank for up to 6,50,00,000 (Six Crores and Fifty Lacs) equity shares of Rs.5(five) each, through a private placement, "FPO', "QIP" or a combination thereof, as may be considered appropriate.
Pursuant to Regulation 44(3) of the Securities and Exchange Board of India (LODR) Regulations, 2015, we would like to inform you that the above mentioned special resolution has been passed by the members with requisite majority. The resolution is deemed to have been passed effectively on the date of declaration of the results i.e. 25th May 2020.
Please find enclosed the voting results and the scrutinizer's report.
The same will also be made available on the Bank's website at www.kotak.com
This is for your information and records.
Attachment
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