At meeting held on 24 September 2015
Kotak Mahindra Bank announced that the Board of Directors of the Bank at its meeting held on 24 September 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.Powered by Capital Market - Live News
