CURRENT AFFAIRS

Detailed explanation-1: -The bank also announced the reappointment of KVS Manian as whole time director for a period of three years w.e.f. November 2022 or from the date of regulatory approvals, whichever is later. Kotak Mahindra Bank also accepted Gaurang Shah’s request to not continue as the Whole Time Director and Director of the bank.

Detailed explanation-2: -Directors of Kotak Mahindra Prime Limited are Vyomesh Dineshchandra Kapasi, Shahrukh Homi Todiwala, Amit Mohan, Uday Suresh Kotak, Ravi Venkatraman, . Kotak Mahindra Prime Limited’s Corporate Identification Number is (CIN) U67200MH1996PLC097730 and its registration number is 97730.

Detailed explanation-3: -Directors of Kotak Securities Limited are Narayan Subramaniam Ayypankav, Jaideep Hansraj, Falguni Sanjay Nayar, . Kotak Securities Limited’s Corporate Identification Number is (CIN) U99999MH1994PLC134051 and its registration number is 134051.

Detailed explanation-4: -Managing Director & CEO Mr. Uday Kotak, aged 62 years, holds a Bachelor’s degree in Commerce and a MMS degree from Jamnalal Bajaj Institute of Management Studies, Mumbai and was appointed as a Director on 21st November, 1985. He is the Managing Director & CEO of the Bank and also its promoter.

Detailed explanation-5: -Gaurang Shah - Whole Time Director - Kotak Mahindra Bank - Kotak Mahindra Bank | LinkedIn.