Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An announcement from Kotak Mahindra Bank Limited ( (IN:KOTAKBANK) ) is now available.
Kotak Mahindra Bank has confirmed that it has duly paid the annual interest on its 8.25% senior unsecured redeemable long-term non-convertible debentures with ISIN INE237A08940. The payment, amounting to Rs 12.375 crore on an issue size of Rs 150 crore, was remitted on March 30, 2026 to eligible bondholders in line with SEBI’s listing regulations and applicable business day conventions.
The bank has clarified that this transaction pertains only to interest servicing, with no redemption of the bonds at this stage. By explicitly disclosing the timely payment and hosting the details on its investor relations website, Kotak Mahindra Bank underscores its adherence to regulatory requirements and reinforces its track record of honoring its debt obligations to investors.
More about Kotak Mahindra Bank Limited
Kotak Mahindra Bank Limited is a leading Indian private sector bank offering a broad range of financial services, including retail and corporate banking, treasury operations and capital markets-related products. The bank serves individuals, small and medium enterprises and large corporates, and is listed on major Indian stock exchanges with various debt and equity instruments outstanding.
Average Trading Volume: 1,524,335
Technical Sentiment Signal: Sell
Current Market Cap: 3639.9B INR
See more insights into KOTAKBANK stock on TipRanks’ Stock Analysis page.