Kotak Mahindra Bank fixes record date for allotment of share on merger

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Capital Market
Last Updated : Apr 06 2015 | 9:28 PM IST

Record date is 17 April 2015

Kotak Mahindra Bank announced that 17 April 2015 has been fixed as the Record Date for the purpose of ascertaining the shareholders of ING Vyasa Bank who shall be entitled to the shares of Kotak Mahindra Bank in the ratio of 725 equity shares of Rs. 5/- each in the transferee Bank i.e. Kotak Mahindra Bank for every 1000 equity shares of Rs. 10/- each held in transferor Bank i.e. ING Vyasa Bank .

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First Published: Apr 06 2015 | 7:42 PM IST

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