KOTAK MAHINDRA BANK LTD. - Sale by Kotak Trustee Company Private Limited

Kotak Mahindra Bank Ltd has informed BSE that:<br/><br/>"Kotak Trustee Company Private Limited, a promoter group entity of Kotak Mahindra Bank Ltd, has on August 21, 2014 sold 16,00,000 shares of the Bank.<br/><br/>The above sale has been undertaken pursuant to RBI's requirement to reduce the promoter shareholding in the Bank as communicated on May 26, 2014".