Board of Directors at its meeting held on May 02, 2026, recommended Final Dividend of Rs. 0.65 per equity…
As filed · Kotak Mahindra Bank Limited has informed the Exchange that Board of Directors at its meeting held on May 02, 2026, recommended Final Dividend of Rs. 0.65 per equity share.
CapitalImprovingMinormateriality 45 out of 100
What happened
FactKotak Mahindra Bank Limited has informed the Exchange that Board of Directors at its meeting held on May 02, 2026, recommended Final Dividend of Rs. 0.65 per equity share. Phiroze Jeejeebhoy Towers,. recommended a dividend of Rs. 0.65 (i.e., 65 paise) (Sixty-Five Paise only) per Equity Share of the face.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
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Fact- Record date
- Payout as a share of profit
Evidence
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%