KOTAK MAHINDRA BANK LTD.

Kotak Mahindra Bank Ltd has received approval from the Reserve Bank of India (RBI) for the appointment of Mr. Anup Kumar Saha as the new Managing Director & CEO. The approval, granted via RBI's letter dated September 30, 2026, is effective for a period of three years from January 1, 2027. Mr. Saha, currently the Whole-time Director (Executive Director) of the bank, brings over 32 years of professional experience in financial services, including significant tenures at Bajaj Finance Limited and ICICI Bank. The bank's Board of Directors will initiate further steps to formalize the appointment and seek member approval.

Kotak Mahindra Bank Ltd. announced that its wholly-owned subsidiaries, Kotak Mahindra Investments Limited (KMIL) and Kotak Alternate Asset Managers Limited (KAAML), have approved a Scheme of Amalgamation. KMIL, with a net worth of ₹4,156 crore and revenue of ₹1,383 crore, will merge with KAAML, which has a net worth of ₹1,481 crore and revenue of ₹837 crore. The amalgamation aims to simplify the group structure, align with RBI's new framework, eliminate duplicate infrastructure, and strengthen KAAML's capital capacity. The scheme is subject to regulatory and shareholder approvals.

Kotak Mahindra Bank Ltd has announced the resignation of Mr. Manish Kothari, Group President and Head – Commercial Bank, a Senior Management Personnel. His resignation is effective from September 30, 2026. The bank has already integrated the Commercial Bank portfolio handled by Mr. Kothari into its Retail and Institutional business segments as part of a planned transition. Mr. Kothari expressed gratitude for his 31-year tenure, highlighting continuous learning, enduring relationships, and the bank's evolution into a leading financial services conglomerate. The bank has initiated a seamless handover process.

Kotak Mahindra Bank Ltd announced that its Nomination and Remuneration Committee has granted 7,14,080 Employee Stock Options (ESOPs) under the Kotak Mahindra Equity Option Scheme, 2023. The options were granted on September 07, 2026, with vesting scheduled to occur in tranches starting from September 10, 2027, and concluding on May 18, 2030. Each option entitles the holder to one equity share of face value Re. 1/-. The details of the grant are available on the bank's investor relations website.

Kotak Mahindra Bank Limited has uploaded a pricing supplement for its US$650,000,000 5.478 per cent senior notes due 2031. These notes were issued under Regulation S of the U.S. Securities Act 1933 as part of the Bank's US$1 billion euro medium term note programme. The pricing supplement is available on India International Exchange (IFSC) Limited and NSE IFSC Limited, and is also hosted on the Bank's website. This filing is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kotak Mahindra Bank Limited has announced the allotment of US$ 650,000,000 5.478% senior notes due 2031. This issuance is part of the bank's US$ 1 billion euro medium term note programme. The notes will be listed on India International Exchange (IFSC) Limited and NSE IFSC Limited. The proceeds will be used to diversify funding sources and for general corporate purposes. The notes are rated BBB by S&P Global Ratings and carry a fixed interest rate of 5.478% per annum, payable semi-annually. Redemption will be at par on August 24, 2031.

Kotak Mahindra Bank Ltd has been assigned an 'Excellent' ESG Rating of '70' for FY 2025-26 by ESG Risk Assessments and Insights Limited. The rating is based on publicly available information. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and will be hosted on the bank's investor relations website. The rating signifies a strong performance in Environmental, Social, and Governance factors.

Kotak Mahindra Bank Ltd has been assigned an overall Environmental, Social and Governance (ESG) Rating of ‘Crisil ESG 72 - Leader’ for Fiscal 2026 by Crisil ESG Ratings & Analytics Ltd. The rating is based on publicly available information. This intimation is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information has been hosted on the bank's investor relations website.

Kotak Mahindra Bank Limited announced on August 18, 2026, the approval of terms for issuing senior notes worth US$650 million under its US$1 billion euro medium-term note program. These notes, rated BBB by S&P Global Ratings, will have a tenure of 5 years, with an allotment date of August 24, 2026, and a maturity date of August 24, 2031. The fixed coupon rate is 5.478% per annum, with interest payments semi-annually. The net proceeds will be used to diversify funding sources and for general corporate purposes. The notes will be listed on India International Exchange IFSC Limited and NSE IFSC Limited. This issuance is made under Regulation S of the U.S. Securities Act 1933 and is not an offer for sale in the United States or India.

Kotak Mahindra Bank Ltd announced on August 17, 2026, that its Nomination and Remuneration Committee has granted 3,47,410 Employee Stock Options under the Kotak Mahindra Equity Option Scheme, 2023. These options are for eligible employees and have a vesting schedule starting August 31, 2027, with exercise periods extending up to June 30, 2030. Each option entitles the holder to one equity share of face value Re. 1/-. The bank has made this intimation available on its investor relations website as per SEBI Listing Regulations.