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Kotak Mahindra Bank Ltd directors approved issuance of securities for upto 50 bln Indian rupees


Friday, 8 Aug 2014 03:20am EDT 

Kotak Mahindra Bank Ltd:Board of Directors of Bank held on Aug. 08 the Directors have approved issuance of securities in nature of non-convertible debentures, in Indian/foreign currencies in domestic and/or overseas markets for an amount upto 50.bln Indian rupees on a private placement basis.Approval of members of the Bank is proposed to be sought for the same through postal ballot pursuant to Section 110 of the Companies Act, 2013. 

Company Quote

1299.15
-6.25 -0.48%
27 Mar 2015