Kotak Mahindra Bank Updates Key Managerial Personnel List for Regulatory Disclosures

1 min read     Updated on 21 Mar 2026, 10:44 PM
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Kotak Mahindra Bank Limited filed an updated Key Managerial Personnel list with BSE and NSE on March 21, 2026, under SEBI Listing Regulations. The list includes six executives: MD & CEO Ashok Vaswani, three Whole-time Directors, Group CFO Devang Gheewalla, and Company Secretary Avan Doomasia. Any two personnel can jointly determine materiality of events for regulatory disclosures.

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Kotak Mahindra Bank Limited has filed an updated list of Key Managerial Personnel with stock exchanges on March 21, 2026, identifying executives authorized for regulatory disclosures under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The bank submitted this compliance document to both BSE Limited and National Stock Exchange of India Limited as part of its regulatory obligations.

Key Personnel Authorization Framework

The updated list designates six senior executives as Key Managerial Personnel for determining materiality of events and making relevant disclosures to stock exchanges. The authorization framework requires any two of these personnel to act jointly when determining materiality of events or information.

Sr. No. Name and Designation Role
1 Mr. Ashok Vaswani Managing Director & CEO
2 Mr. Jaideep Hansraj Whole-time Director
3 Mr. Paritosh Kashyap Whole-time Director
4 Mr. Anup Kumar Saha Whole-time Director
5 Mr. Devang Gheewalla Group Chief Financial Officer
6 Ms. Avan Doomasia Company Secretary

Regulatory Compliance Structure

The disclosure was made pursuant to Regulation 30(5) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary Avan Doomasia signed the communication digitally on March 21, 2026, at 20:53:28 +05'30'. The bank has also uploaded this disclosure on its official website under the investor relations section for public access.

Contact and Communication Details

The bank provided unified contact details for all Key Managerial Personnel, with the primary telephone number +91-22-61660001. Three email addresses have been designated for secretarial communications: KotakBank.Secretarial@kotak.com , devang.gheewalla@kotak.com , and avan.doomasia@kotak.com . This centralized communication structure ensures streamlined regulatory correspondence and stakeholder engagement.

The updated list represents the bank's commitment to maintaining transparent governance practices and ensuring compliance with regulatory requirements for material event disclosures to stock exchanges and stakeholders.

What strategic initiatives might Kotak Mahindra Bank announce in the coming quarters given the new leadership structure under CEO Ashok Vaswani?

How could this updated governance framework impact the bank's decision-making speed for major acquisitions or partnerships?

Will this streamlined disclosure process position Kotak Mahindra Bank for faster regulatory approvals in new business segments?

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Kotak Mahindra Bank Pays ₹23.55 Crore Interest on Non-Convertible Debentures

1 min read     Updated on 20 Mar 2026, 05:17 PM
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Kotak Mahindra Bank Limited has confirmed payment of ₹23.55 crore as interest to bondholders of its 7.85% Non-Convertible Debentures on March 20, 2026. The payment covers bonds with ISIN INE237A08965, each having a face value of ₹1 lakh, from a total issue size of ₹3,00,00,00,000. The bank made this disclosure in compliance with SEBI listing regulations, with the record date set as March 05, 2026, and annual payment frequency maintained.

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Kotak Mahindra Bank Limited has successfully completed the payment of ₹23.55 crore as interest to bondholders of its Non-Convertible Debentures on March 20, 2026. The payment was made in compliance with regulatory requirements and represents interest on the bank's 7.85% Senior Rated Listed Unsecured Redeemable Long Term Bonds.

Interest Payment Details

The bank confirmed the interest payment through a regulatory filing to BSE Limited and National Stock Exchange of India Limited. The payment covers bonds with specific characteristics and was executed on the scheduled due date.

Parameter: Details
ISIN: INE237A08965
Due Date: March 20, 2026
Actual Payment Date: March 20, 2026
Interest Amount: ₹23.55 crore
Bond Face Value: ₹1 lakh each

Debenture Specifications

The Non-Convertible Debentures carry a coupon rate of 7.85% and are classified as Senior Rated Listed Unsecured Redeemable Long Term Bonds. The comprehensive details of the debenture structure highlight the bank's systematic approach to debt servicing.

Specification: Details
Total Issue Size: ₹3,00,00,00,000
Interest Payment Frequency: Annually
Record Date: March 05, 2026
Previous Interest Payment: March 20, 2025
Interest Amount Paid: 23,55,00,000.00

Regulatory Compliance

The interest payment confirmation was made pursuant to Regulation 57(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kotak Mahindra Bank has hosted this information on its official website under the investor relations section for stakeholder access.

The bank's Company Secretary, Avan Doomasia, digitally signed the regulatory filing on March 20, 2026, ensuring proper documentation and compliance with listing regulations. The disclosure demonstrates the bank's commitment to transparent communication with bondholders and regulatory authorities.

Corporate Information

Kotak Mahindra Bank Limited operates with CIN L65110MH1985PLC038137 and maintains its registered office at 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051. The bank's securities are listed on both BSE Limited and National Stock Exchange of India Limited under various scrip codes and symbols.

Will Kotak Mahindra Bank consider refinancing these debentures at maturity given the current interest rate environment?

How might the bank's debt servicing capabilities be affected if economic conditions deteriorate before the next interest payment cycle?

What is Kotak Mahindra Bank's strategy for future debt issuances as these long-term bonds approach maturity?

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