Kotak Mahindra Bank Limited will meet analysts and institutional investors at the Citi India Conference 2026 in Mumbai on June 04, 2026. The meeting is scheduled pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference will provide a platform for the bank's representatives to engage with the investor community. The disclosure was submitted to the exchanges by Company Secretary Avan Doomasia on June 01, 2026.

Event Details

The intimation was addressed to BSE Limited and National Stock Exchange of India Limited for information and appropriate dissemination.

Kotak Bank approved a proposal to acquire a loan portfolio and non-treasury investments worth Rs 10,639 crore from its wholly-owned subsidiary, Kotak Mahindra Investments Limited (KMIL). The transaction, approved by the Board of Directors on May 30, 2026, aims to drive operational synergies and simplify the group structure. The acquisition is expected to be completed during Q2 FY 2026–27.

The assets to be acquired include a loan portfolio and non-treasury investments, which collectively amounted to an outstanding balance of Rs 10,639 crore as on March 31, 2026. The bank will acquire these assets in one or more tranches, with the final amount determined based on outstanding balances on the date of acquisition. The move follows the Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) Directions, 2025.

The proposed transaction is classified as a related party transaction with the wholly-owned subsidiary and will be conducted on an arm’s length basis. The bank confirmed that the Promoter or Promoter Group and other Group Companies do not have any interest in the transaction. No approvals from regulatory or statutory authorities are required for the completion of the deal.

The decision aligns with the bank’s earlier disclosure on March 24, 2026, regarding the integration of KMIL’s business activities into the bank departmentally starting April 1, 2026. The Board meeting commenced at 10:45 A.M. and concluded at 4:30 P.M. on May 30, 2026.