Intimation attached

Kotak Mahindra Bank announced the allotment of 2,00,183 equity shares, each valued at Re. 1/-, following the exercise of Employee Stock Options under its 2015 and 2023 schemes. This includes 41,910 shares from the 2015 scheme and 1,58,273 shares from the 2023 scheme. This share issuance, approved by the Large Expenditure and Share Transfer and Other Matters Committee, is a standard operational event related to employee incentive programs.