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




























