Money & Bankin

Kotak Mahindra Bank board nod for dividend on Non-Convertible PNCPS

Our Bureau Mumbai | Updated on March 12, 2021

Kotak Mahindra Bank on Friday said its Board of Directors has approved the payment of dividend on 1,00,00,00,000 Nos. 8.10 per cent Non-Convertible Perpetual Non-Cumulative Preference Shares for the period from April 1, 2020 till March 31, 2021, as per their terms of issue.

The record date fixed for the purpose of dividend payment would be Friday, March 19, 2021, it said in a regulatory filing.

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Published on March 12, 2021
dividend announcement
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