Kotak Mahindra Bank Ltd calls for Board Meeting on March 30, 2017

A meeting of the Board of Directors of Kotak Mahindra Bank Ltd is scheduled to be held on Thursday, 30th March 2017 to consider raising of equity capital by the Bank through rights issue, private placement, follow-on Public Offering ('FPO'), Qualified Institutions Placement ('QIP'), Global Depository Receipts ('GDR'), American Depository Receipts ('ADR') or through any other permissible mode or a combination thereof, as may be considered appropriate, subject to shareholder approvals as applicable and regulatory/statutory approvals and requirements.

Shares of KOTAK MAHINDRA BANK LTD. was last trading in BSE at Rs.864.5 as compared to the previous close of Rs. 878.5. The total number of shares traded during the day was 61750 in over 1965 trades.

The stock hit an intraday high of Rs. 878.5 and intraday low of 859.15. The net turnover during the day was Rs. 53636350.

Source : Equity Bulls

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