Kotak Mahindra Bank Limited has filed its compliance documentation for Asset Cover Ratio computation as at December 31, 2025, in accordance with Regulation 54 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to both BSE Limited and National Stock Exchange of India Limited on January 24, 2026.

Regulatory Compliance Filing

The bank submitted the statement on computation of Asset Cover Ratio for its non-convertible debt securities, together with unaudited financial results for the quarter and nine months ended December 31, 2025. This information has also been uploaded on the bank's official website as required under the listing regulations.

The filing was signed by Avan Doomasia, Company Secretary, and includes comprehensive details of the bank's asset and liability structure as at the specified date.

Asset Cover Statement Details

The security cover statement provides a detailed breakdown of the bank's financial position as at December 31, 2025:

On the liabilities side, the statement shows:

Independent Auditor Certification

Deloitte Haskins & Sells, one of the joint statutory auditors of the bank, issued an independent auditor's certificate on the book value of assets contained in the security cover statement. The certificate confirms that the book value of assets in columns A to J of the statement are in agreement with the unaudited books of accounts and financial results for the quarter and nine months ended December 31, 2025.

The auditor's certificate was signed by G. K. Subramaniam, Partner, and dated January 24, 2026, from Hyderabad.

Financial Results Overview

The filing includes both consolidated and standalone unaudited financial results for the reporting period. The consolidated results show the bank's performance across all its subsidiaries and associates, while the standalone results focus specifically on the bank's core banking operations.

Both sets of financial results were reviewed by the joint statutory auditors M M NISSIM & CO LLP and Deloitte Haskins & Sells, who issued unmodified review reports on the financial information.

Regulatory Framework

The Asset Cover Ratio computation is a mandatory requirement under SEBI regulations for banks with listed non-convertible debt securities. This ensures adequate security coverage for debt holders and maintains transparency in the bank's financial reporting.

The comprehensive filing demonstrates the bank's commitment to regulatory compliance and provides stakeholders with detailed information about the security backing its debt instruments.

Source:

Kotak bank has received board approval for a significant fund raising initiative, with directors approving a proposal to raise up to Rs 15,000 crore during the financial year 2026-27. The decision was taken at a board meeting held on January 24, 2026, marking a strategic move to strengthen the bank's capital position.

Fund Raising Structure and Mechanism

The approved proposal involves raising funds through the issuance of unsecured, redeemable, non-convertible debentures on a private placement basis. The fund raising structure provides flexibility in execution, allowing the bank to raise the amount in one or more tranches or series during FY 2026-27.

Regulatory Compliance and Approvals

The fund raising proposal is subject to approval from the bank's members and any other necessary regulatory approvals. The board's decision was made pursuant to Regulation 30 and Regulation 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board meeting commenced at 12:15 p.m. IST and concluded at 2:20 p.m. IST on January 24, 2026. The bank has disclosed this information in compliance with listing regulations and has made it available on its official website for investor access.

Market Presence and Trading Information

Kotak Mahindra Bank trades on major Indian stock exchanges with multiple scrip codes and symbols:

The fund raising initiative represents a significant capital market activity for the bank, providing enhanced financial flexibility for its operations and growth plans during the upcoming financial year.