KOTAK MAHINDRA BANK LTD. - Outcome of Board Meeting
24 Sep 2015
Kotak Mahindra Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on September 24, 2015, has approved a Sponsored Depository Receipt (DR) issuance programme of up to 5 million DRs, with conversion of 1 equity share to 1 DR, pursuant to the Depository Receipts Scheme, 2014 for facilitating issue of Depository Receipts outside India against underlying existing equity shares through a foreign depository through the sponsored route.
Source:
BSE India