Kotak Mahindra Bank revises authorized share capital to ₹1,900 Crore

Kotak Mahindra Bank Limited has announced an amendment to the Capital Clause of its Memorandum of Association (MOA). Following approvals from the Reserve Bank of India and the Bank's members, the aut...

Kotak Mahindra Bank Limited has announced an amendment to the Capital Clause of its Memorandum of Association (MOA). Following approvals from the Reserve Bank of India and the Bank's members, the authorized share capital has been revised. The existing Clause V of the MOA has been substituted. The new authorized share capital is ₹1,900 crore (Rupees One Thousand Nine Hundred Crore Only), comprising 1400 crore equity shares of Re. 1 each and 100 crore preference shares of Rs. 5 each. The Bank retains the power to alter its capital, including increasing, reducing, or canceling it, and attaching special rights or conditions as determined by the Articles of Association and relevant legislative provisions. However, the subscribed capital must not be less than half of the authorized capital, and the paid-up capital must not be less than half of the subscribed capital. Any increase in capital must comply with RBI-stipulated conditions within two years. This intimation follows previous letters dated November 21, 2025, and December 27, 2025. The announcement is also available on the Bank's investor relations website.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is Kotak Mahindra Bank Limited in the news today?

Kotak Mahindra Bank Limited (KOTAKBANK) is in the news due to the announcement is a routine regulatory filing regarding an amendment to the bank's authorized share capital, with no immediate financial implications mentioned.

Other Regulatory FilingsCorporate Governance Report
Kotak Mahindra Bank LimitedKOTAKBANKhttps://prysm.fi/v2/analyze/KOTAKBANK

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

Kotak Mahindra Bank revises authorized share capital to ₹1,900 Crore

December 27, 2025, 09:07 AM

AI Sentiment Analysis

Top Queries to Ask About Kotak Mahindra Bank Limited

Kotak Mahindra Bank Limited has announced an amendment to the Capital Clause of its Memorandum of Association (MOA).

Following approvals from the Reserve Bank of India and the Bank's members, the authorized share capital has been revised. The existing Clause V of the MOA has been substituted. The new authorized share capital is ₹1,900 crore (Rupees One Thousand Nine Hundred Crore Only), comprising 1400 crore equity shares of Re. 1 each and 100 crore preference shares of Rs. 5 each.

The Bank retains the power to alter its capital, including increasing, reducing, or canceling it, and attaching special rights or conditions as determined by the Articles of Association and relevant legislative provisions. However, the subscribed capital must not be less than half of the authorized capital, and the paid-up capital must not be less than half of the subscribed capital. Any increase in capital must comply with RBI-stipulated conditions within two years.

This intimation follows previous letters dated November 21, 2025, and December 27, 2025. The announcement is also available on the Bank's investor relations website.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained -“Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

More News on Kotak Mahindra Bank Limited

Discover more trending news on Prysm

View All