Investor Info

Financial Results: The Bank publishes the standalone and consolidated results on a quarterly basis. The standalone results are subjected to "Limited Review" by the auditors of the Bank. The same are also reviewed by the Audit Committee before submission to the Board. Along with the quarterly results, an earnings update is also prepared and posted on the website of the Bank. Every quarter, the Executive Vice-Chairman and Managing Director and the Executive Board Members participate on a call with the analysts / shareholders, the transcripts of which are posted on the website of the Bank. The Bank also has dedicated personnel to respond to queries from investors.
Financial Calendar: Kotak Mahindra Group's financial year ends on March 31. For each quarter, the financial results are reviewed and taken on record by the Board within 4 weeks from end of quarter and within 6 weeks for Annual Results. The audited annual accounts as at 31st March are approved by the Board, after a review thereof by the Audit Committee. The Annual General Meeting to consider such annual accounts is held in the second quarter of the financial year.
Stock Exchanges on which listed:
Sr.No | Name & Address of Stock Exchange | Market Scrip Code |
1 | The Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 023 |
500247 |
2 | National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Bandra-Kurla Complex, Bandra, Mumbai 400 051 |
KOTAKBANK |
Trading of shares to be in compulsorily dematerialized form: The equity shares of the Bank have been activated for dematerialisation with the National Securities Depository Limited and with the Central Depository Services (India) Limited vide ISIN INE237A01028.
Share Transfer System: Applications for transfers, transmission and transposition are received by the Bank at its Registered Office or at the office(s) of its Registrars & Share Transfer Agents. As the shares of the Bank are in dematerialised form, the transfers are duly processed by NSDL/CDSL in electronic form through the respective depository participants. Shares which are in physical form are processed by the Registrars & Share Transfer Agents, Karvy Computershare Private Limited, on a regular basis and the certificates despatched directly to the investors.
Investor Helpdesk:Share transfers, dividend payments and all other investor related activities are attended to and processed at the office of our Registrars & Share Transfer Agents. For lodgement of Transfer Deeds and any other documents or for any grievances/complaints, kindly contact Karvy Computershare Private Limited, contact details of which are provided below.
For the convenience of the investors, transfers and complaints from the investors are accepted at the Registered Office between 9:30 a.m. to 5:30 p.m. from Monday to Friday except on bank holidays:
The Bank has a designated email-id [email protected] for the purpose of registering complaints by the investors
Registered Office | 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051 Tel. No. (022) 61660001 Fax No.: (022) 67132403 Website: www.kotak.com |
Designated email id | [email protected] |
Standard Operating Procedure for dispute resolution under the Stock Exchange arbitration mechanism for disputes between a Listed Company and/or Registrars to an Issue and Share Transfer Agents and its Shareholder(s)/Investor(s) |
Click Here |
Institutional Investors Contact:
Institutional Investors/Analysts can contact us on [email protected] for any queries.
Retail Shareholders Contact:
[email protected]
Toll Free Number of Registrar and Transfer Agent: 1- 800-309-4001
Tel. No.: (022) 61661615
Time: 10 A.M. to 05 P.M.
Days: Monday to Friday (except bank holidays)
Details of Debenture Trustee
Name: IDBI Trusteeship Services Limited
Address: Asian Building, Ground Floor,
17, R. Kamani Marg, Ballard Estate,
Mumbai – 400 001
Tel. No.: 022 40807000, +91 7208822299, +91 8591585821
Email: [email protected]
Name: Catalyst Trusteeship Limited
Address: GDA House, Plot No. 85,
Bhusari Colony (Right), Kothrud,
Pune 411038
Tel.: +91-20-66807200
Fax: +91-20-25280275
Email- [email protected]
Registered Office:
Registered Office: | 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051 |
Compliance Officer and Nodal Officer - IEPF: |
Ms. Avan Doomasia |
Email Id: | [email protected] |
Tel. No.: | (022) 61660001 |
Fax No.: | (022) 67132403 |
Website: | www.kotak.com |
Name: | Kotak Mahindra Bank Limited |
Date of Incorporation: |
21st November 1985 |
Registration No.: |
11-38137 TA |
Corporate Identification No.: |
L65110MH1985PLC038137 |
Registered Office: |
27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051 |
All investor related activities / services are attended to and processed at the office of our Registrars & Transfer Agents. Also, for any grievances/complaints, kindly contact at the following address :
KFin Technologies Limited
Name of contact person: C Shobha Anand
(Deputy Vice President, Corporate Registry)
Email : [email protected]
Website : www.kfintech.com
KFin Technologies Limited
Selenium Tower B, Plot 31 & 32,
Financial District, Nanakramguda, Serilingampally Mandal,
Hyderabad - 500 032, Telangana.
Email id - [email protected]
Website: https://www.kfintech.com and / or https://ris.kfintech.com/
Toll free number - 1- 800-309-4001
KFin Technologies Limited
813, The Summit Business Bay,
Behind Gurunanak Petrol Pump
Next to new Western Express Metro Station
Andheri Kurla Road, Andheri East
Mumbai - 400 093, Maharashtra, India
Tel: (022) 26367226/ 9044
Fax: (022) 26310882
Link Intime India Private Limited
Address: C-101, 247 Park, L B S Marg,
Vikhroli West, Mumbai 400 083
Tel: +91-22-4918 6200
Fax: +91-22-4918 6060
Email: [email protected]
SEBI circular dated September 26, 2023- Extension of timelines (i) for nomination in eligible demat accounts and (ii) for submission of PAN, Nomination and KYC details by physical security holders; and voluntary nomination for trading accounts | Click Here |
SEBI circular dated March 16, 2023- Common and simplified norms for processing investor’s service requests by RTAs and norms for furnishing PAN, KYC details and Nomination | Click Here |
SEBI Circular dated November 3, 2021 - Common and Simplified Norms for processing investor’s service request by RTAs and norms for furnishing PAN, KYC details and Nomination | Click Here |
Form No. ISR-1-Request for registering Pan, KYC details or changes / updation thereof | Click Here |
Form No. ISR-3-Declaration Form for opting-out of Nomination by holders of physical securities in Listed Companies | Click Here |
Form No. ISR-4- Request for issue of Duplicate Certificate and other Service Request | Click Here |
Form No. SH-13-Nomination Form | Click Here |
Form No. SH-14-Cancellation or Variation of Nomination |
Click Here |
Pursuant to Section 124(5) of the Companies Act, 2013, every company is required to transfer the amount of dividend, which remains unpaid/unencashed for a period of seven years from the date of its transfer to the unclaimed dividend account, to Investor Education and Protection Fund ("IEPF"), established by the Central Government. The table given below gives the dates of dividend declaration since 2015-16 and the corresponding dates when unpaid/unencashed dividends are due to be transferred to Investor Education and Protection Fund in respect of Kotak Mahindra Bank Limited.
Year | Dividend- Type | Date of Declaration | Due Date of Transfer |
2016-17 | Final | 20th July 2017 | 19th August 2024 |
2017-18 | Final | 19th July 2018 | 18th August 2025 |
2018-19 | Final | 22 nd July 2019 | 21th August 2026 |
2019-20 | --- | --- | --- |
2020-21 | Final | 25th August 2021 | 24th September 2028 |
2021-22 | Final | 27th August 2022 | 26th September 2029 |
2022-23 | Final | 19th August 2023 | 18th September 2030 |
Details of unpaid / unclaimed dividend warrants of KMBL for the years 2015-16 to 2021-22:
Unpaid Dividend - 2015-16 | Click Here |
Unpaid Dividend - 2016-17 | Click Here |
Unpaid Dividend - 2017-18 | Click Here |
Unpaid Dividend - 2018-19 | Click Here |
Unpaid Dividend - 2020-21 | Click Here |
Unpaid Dividend - 2021-22 | Click Here |
Transfer of Equity Shares of the Bank to Investor Education and Protection Fund (IEPF) Account.
Pursuant to Section 124(6) of the Companies Act, 2013 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("IEPF Rules") as amended from time to time, all shares in respect of which the dividend has not been paid or claimed for seven consecutive years or more, shall be transferred by the company in the name of IEPF.
Details of shares eligible to be transferred to IEPF |
Click Here |
Access link to claim refund from the IEPF Authority | Click Here |
Details of shares transferred to IEPF Suspense account.
Shares transferred to IEPF in FY 2017-18 |
Click Here |
Shares transferred to IEPF in FY 2018-19 |
Click Here |
Shares transferred to IEPF in FY 2019-20 | Click Here |
Shares transferred to IEPF in FY 2020-21 | Click Here |
Shares transferred to IEPF in FY 2021-22 | Click Here |
Shares transferred to IEPF in FY 2022-23 | Click Here |
Kotak Mahindra Bank Limited Dividend Pay Out History
Year | Face Value | Rate | Rs. |
---|---|---|---|
2006-07 | 10.00 | 07.00% (Final) | 0.70 (paise) |
2007-08 | 10.00 | 07.50% (Final) | 0.75 (paise) |
2008-09 | 10.00 | 07.50% (Final) | 0.75 (paise) |
2009-10 | 10.00 | 08.50% (Final) | 0.85 (paise) |
2010-11 | 5.00 | 10.00% (Final) | 0.50 (paise) |
2011-12 | 5.00 | 12.00% (Final) | 0.60 (paise) |
2012-13 | 5.00 | 14.00% (Final) | 0.70 (paise) |
2013-14 | 5.00 | 16.00% (Final) | 0.80 (paise) |
2014-15 | 5.00 | 18.00% (Final) | 0.90 (paise) |
2015-16 | 5.00 | 10.00% (Final) | 0.50 (paise) |
2016-17 | 5.00 | 12.00% (Final) | 0.60 (paise) |
2017-18 | 5.00 | 14.00% (Final) | 0.70 (paise) |
2018-19 | 5.00 | 16.00% (Final) | 0.80 (paise) |
2019-20 | 5.00 | --- | --- |
2020-21 | 5.00 | 18.00% (Final) | 0.90 (paise) |
2021-22 | 5.00 | 22.00% (Final) | ₹ 1.10 |
2022-23 | 5.00 | 30.00% (Final) | ₹ 1.50 |
We are pleased to inform you that, the Board of Directors of Kotak Mahindra Bank Limited ("Bank"), at their meeting held on April 29, 2023, have recommended a dividend of Rs. 1.50 per Equity Share having nominal value of Rs. 5/- each for the financial year ended March 31, 2023, subject to the approval of Members at the Thirty-Eighth Annual General Meeting ("AGM") scheduled to be held on August 19, 2023.
Members may note that as per the Income Tax Act, 1961 (“IT Act”), dividends paid or distributed by the Bank shall be taxable in the hands of the members and the Bank shall be required to deduct tax at source at the prescribed rates from the dividend to be paid to members, subject to approval of dividend by the members at the ensuing AGM. The Tax Deducted at Source ("TDS") rate would vary depending on the residential status of the member and the documents submitted by them and accepted by the Bank.
The dividend, as recommended by the Board, and if approved at the ensuing AGM, will be paid to those Shareholders holding Equity Shares of the Bank, as on the Record Date i.e August 4, 2023. Shareholders whose bank accounts are registered with the Depository Participant/Registrar and Transfer Agent shall receive electronic credit of dividend and in case of Shareholders whose bank accounts are not registered; dividend shall be paid through physical warrants.
Please note that, since this Dividend will be declared at the ensuring AGM to be held on August 19, 2023, it will be taxable in your hands for FY 2023-24. Thus, all the details and declarations to be furnished should pertain to FY 2023-24.
SECTION A: FOR ALL SHAREHOLDERS - UPDATION OF DETAILS, AS APPLICABLE
In order to enable the Bank to determine the appropriate TDS rate as applicable, members are requested to submit relevant documents, as specified in the below, in accordance with the provisions of the IT Act in their respective Demat account(s) maintained with the Depository Participant(s); or in case of shares held in physical form, with the Registrar and Transfer Agent in the Register of Members, on or before the Record Date, i.e. August 4, 2023.
Please note that the following details, in case you had already registered with the Bank, as available with the Bank in the Register of Members/Register of Beneficial Ownership maintained by the Depositories will be relied upon by the Bank, for the purpose of complying with the applicable TDS provisions:
Further to bring to your attention-
Rate of TDS @ 10% under Section 194 of the IT Act is subject to provisions of Section 206AB of IT Act which introduces special provisions for TDS in respect of non-filers of income-tax return. As provided in Section 206AB of the IT Act, tax is required to be deducted at higher of following rates in case of payments to specified persons at:
– twice the rate specified in the relevant provision of the IT Act; or
– twice the rate or rates in force; or
– the rate of 5%.
Where Sections 206AA and 206AB of IT Act are applicable i.e. the specified person has not submitted the PAN and not filed the return, respectively, the tax shall be deducted at the higher of the two rates prescribed in these two sections. The term ‘specified person’ is defined in Sub-section (3) of Section 206AB of IT Act who satisfies the following conditions:
– A person who has not filed the income tax return for the assessment year relevant to the previous year immediately prior to the previous year in which tax is required to be deducted, for which the time limit of filing of return of income under Section 139(1) of the IT Act has expired; and
– The aggregate of TDS and Tax Collected at Source ("TCS") is ` 50,000 or more in such previous year.
The non-resident who does not have Permanent Establishment and a person who is statutorily not required to furnish return of income are excluded from the scope of a specified person.
For the purpose of identification of specified person under Section 206AB of IT Act and TDS deduction, the Bank will be relying on the information from the Government enabled online facility to verify the status (i.e. Specified Person or not) and deduct TDS accordingly.
Non-resident members who do not have a Permanent Establishment in India are requested to inform the Bank well in advance and before the Cut-off Date for purpose of deducting TDS under Sections 195/196D read with Section 206AB of the IT Act. (Please download the declaration format given as Annexure-5)
The Bank reserves its right to recover any demand raised subsequently on the Bank for not informing the Bank or providing wrong information about applicability of Section 206AB of IT Act, in your case.
SECTION B: TDS PROVISIONS AND DOCUMENTS REQUIRED FOR RESPECTIVE CATEGORY OF SHAREHOLDERS
Shareholders are requested to take note of the following TDS rates and additional information required by the Bank for their respective categories
A RESIDENT SHAREHOLDERs
A.1 Tax deductible at source for Resident Shareholders (other than resident individual Shareholders receiving Dividend not exceeding Rs. 5,000 during the FY 2023-24):
Sr. No. |
Particular |
Withholding tax rate |
Relevant Section of Income Tax Act, 1961 ("Act") |
Documents required |
1 |
Valid PAN updated with the Depository Participant in case shares are held in dematerialized form; or Registrar and Transfer Agent ("RTA") in case shares are held in physical form and no exemption sought by Shareholder |
10% |
194 |
N.A |
2 |
No / Invalid PAN with the Depository Participant in case shares are held in dematerialized form; or RTA in case shares are held in physical form and no exemption sought by Shareholder |
20% |
194 read with 206AA |
N.A |
3 |
Availability of lower/nil tax deduction certificate issued by Income Tax Department under Section 197 of the Act |
Rate specified in Lower tax withholding certificate obtained from Income Tax Department |
197 |
1.Copy of PAN card |
A.2 Nil Tax Deductible at Source on dividend payment to Resident Shareholders if the Shareholders submit documents mentioned in table below with the Bank / RTA:
Sr. No. |
Particular |
Withholding tax rate |
Relevant Section of Income Tax Act, 1961 ("Act") |
Documents required |
1 |
The aggregate of total dividend distributed to resident individual Shareholder by the Bank during FY 2023-24 does not exceed Rs. 5,000/- |
NIL |
194 |
NIL |
2 |
An Individual furnishing Form 15G/ 15H |
NIL |
197A |
1.Copy of PAN card |
3 |
Shareholders to whom Section 194 of the Act does not apply such as Insurance Companies LIC, GIC, etc. |
NIL |
194 |
1.Copy of PAN card |
4 |
Shareholder covered under Section 196 of the Act such as Government, RBI, Mutual Funds specified under Section 10(23D) of the Act, corporations established by Central Act and exempt from Income Tax. |
NIL |
196 |
1.Copy of PAN card |
5 |
Category I and II Alternative Investment Fund ("AIF") |
NIL |
197A (1F) read with Notification No. 51/2015 |
1.Copy of PAN card |
6 |
Securitisation Trust |
NIL |
197A (1F) |
1.Copy of PAN card to download Annexure-3) |
7 |
National Pension Scheme Trust (NPS) |
NIL |
197A (1E) |
1.Copy of PAN card |
8 |
Any other entity exempt from withholding tax under the provisions of Section 197A of the Act (including those mentioned in Circular No. 18/2017 issued by CBDT) |
NIL |
197A/ Circular No. 18/2017 |
1.Copy of PAN card |
9 |
Recognized Provident Fund, approved Pension fund/approved Superannuation Fund , approved Gratuity Fund (Circular No.18/2017 dt. May 29, 2017) |
NIL |
Circular No. 18/2017 |
1.Copy of PAN card |
B NON-RESIDENT SHAREHOLDERS:
Tax deductible at source for non-resident Shareholders
Sr. No. |
Particular |
Withholding tax rate |
Relevant Section of Income Tax Act, 1961 ("Act") |
Documents required |
1 |
Foreign Institutional Investors ("FIIs") / Foreign Portfolio Investors ("FPIs") |
20% (plus applicable surcharge and cess) or tax treaty rate whichever is beneficial |
196D/ 90 |
As per Section 90 of the Act, non-resident Shareholder has the option to be governed by the provisions of the Double Tax Avoidance Treaty between India and the country of tax residence of the Shareholder, if they are more beneficial to them. |
2 |
Other Non-resident Shareholders (except those who are tax residents of Notified Jurisdictional Area) |
20% (plus applicable surcharge and cess) or tax treaty rate whichever is beneficial |
195/90 |
To avail beneficial rate of tax treaty following documents would be required:
(Note: Application of beneficial Tax Treaty Rate shall depend upon the completeness and satisfactory review by the Bank of the documents submitted by the non-resident Shareholders. In case the documents are found to be incomplete, the Bank reserves the right to not consider the tax rate prescribed under the tax treaty) |
3 |
Alternative Investment Fund - Category III located in International Financial Services Centre |
10% (plus applicable surcharge and cess) |
115AD/ 196D(1A) |
1.Copy of PAN card (if available) |
4 |
Non-Resident Shareholders who are tax residents of 'Notified Jurisdictional Area' as defined under Section 94A(1) of the Act |
30% or rate specified in the relevant provision of the Act or at the rates in force, whichever is higher (plus applicable surcharge and cess) |
94A |
Where any Shareholder is a tax resident of any country or territory notified as a 'Notified Jurisdictional Area' under Section 94A(1) of the Act, tax will be deducted at source @ 30% or at the rate specified in the relevant provision of the Act or at the rates in force, whichever is higher, from the dividend payable to such Shareholder in accordance with Section 94A(5) of the Act |
5 |
Availability of Lower/NIL tax deduction certificate issued by Income Tax Department under sections 195 or 197 of the Act |
Rate specified in Lower tax withholding certificate obtained from Income Tax Department |
195/197 |
Copy of the lower tax withholding certificate obtained from Income Tax Department |
Please note that the Bank, in its sole discretion, reserves the right to call for any further information and/or to apply domestic law / DTAA for TDS. In case of ambiguous, incomplete or conflicting information, or the valid information/documents not being provided, the Bank will deduct tax at the rates applicable as per the Act
The formats of the documents can be downloaded from the website of the Bank viz.: https://www.kotak.com/en/investor-relations/investor-information/investor-info.html
The required documents have to be uploaded on the portal https://ris.kfintech.com/form15 of KFin Technologies Limited, Registrar and Share Transfer Agent of the Bank or email at [email protected], on or before August 4, 2023
Please note that the Bank will not be able to consider the documents/communication on the tax determination /deduction uploaded or mailed on portal after August 4, 2023.
Notes:
Please reach out at [email protected], for any queries.
Click to view
SEBI circular dated July 31, 2023 on Online Resolution of Disputes in the Indian Securities Market
Corrigendum cum Amendment to Circular dated July 31, 2023.
Click here to access SMART ODR portal for filing disputes pertaining to Bank’s securities.
The address of the registered office of the company is:
The Corporate Identity Number of the company is L65110MH1985PLC038137.
Shares of the company are listed on the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE).
KFin Technologies Limited
Registrar and Share Transfer Agent,
Contact Person : Ms. Shobha Anand
Selenium Tower B, Plot 31-32, Gachibowli
Financial District, Nanakramguda, Hyderabad - 500 032.
Phone : Board No. : (040) 67162222 Fax : (040) 23001153
Email: [email protected]
Retail investors desirous to communicate with the company can send an e-mail to [email protected]
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By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
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