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Kotak Mahindra Bank Ltd. announced that its Large Expenditure and Share Transfer and Other Matters Committee allotted 2,85,255 equity shares of Re. 1 each on August 19, 2026, upon the exercise of an equivalent number of Employee Stock Options under the Kotak Mahindra Equity Option Scheme 2015 and Kotak Mahindra Equity Option Scheme 2023, with 1,08,065 shares from ESOP Scheme Series 2015/34 (4th Tranche), 45,340 shares from ESOP Scheme Series 2015/40 (3rd Tranche), 1,28,710 shares from ESOP Scheme Series 2023/03 (2nd Tranche), and 3,140 shares from ESOP Scheme Series 2023/07 (1st Tranche), resulting in a paid-up share capital increase from 9,94,73,70,773 equity shares to 9,94,76,56,028 equity shares.

Net profit of Kotak Mahindra Bank rose 22.55% to Rs 5480.46 crore in the quarter ended June 2026 as against Rs 4472.18 crore during the previous quarter ended June 2025. Total Operating Income rose 6.41% to Rs 18354.57 crore in the quarter ended June 2026 as against Rs 17248.31 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Total Operating Income18354.5717248.31 6 OPM %19.0523.91 - PBDT7508.866053.40 24 PBT7508.866053.40 24 NP5480.464472.18 23 Powered by Capital Market - Live News

Kotak Mahindra Bank has allotted 6,61,620 equity shares under ESOP on 14 July 2026.

Kotak Mahindra Bank announced that the loan portfolio of Kotak Mahindra Investments (KMIL), aggregating to an outstanding amount of Rs. 9,587.62 crore as on 01 July 2026, stand directly assigned to the Bank, with effect from the same date. The aforesaid direct assignment has been effected in furtherance of the decision of the Bank to conduct the business activities of KMIL departmentally within the Bank on and from April 1, 2026, in compliance with the provisions of the Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) Directions, 2025 and in the interest of group simplification and to drive operations synergies.

Kotak Mahindra Bank has executed a business transfer agreement with Deutsche Bank Aktiengesellschaft (acting through its branch in India) (DBAG) (BTA) on 30 June 2026 for the acquisition of DBAG`s retail banking, private banking and wealth management business in India (Business Undertaking) as a going concern on a slump sale basis, subject to requisite approvals and the fulfilment of conditions specified in the BTA. Kotak Mahindra Asset Management Company (Kotak AMC) and Kotak Alternate Asset Managers (KAAML) (both being wholly owned subsidiaries of Kotak Bank) have entered into non-binding term sheets with Deutsche Investments India (DIIPL) (which is a subsidiary of DBAG) for referral of clients for Portfolio Management Services and Investment Advisory, respectively. This remains subject to the definitive agreements to be entered into in this regard by DIIPL with Kotak AMC and KAAML, respectively. Kotak Bank will make relevant disclosure(s) upon signing of such definitive agreements.