
Kotak Mahindra Bank's board is set to convene on January 23-24, 2026, to deliberate on raising funds through unsecured, redeemable non-convertible debentures (NCDs) via private placement. This meeting will also see the approval of the bank's Q3 FY26 unaudited financial results.
The board meeting, scheduled over 2 days, will focus on key financial decisions. On January 24, 2026, the board will consider the issuance of NCDs, a common debt instrument used by banks for capital raising. This move aligns with Kotak Mahindra Bank's strategy to secure funding amid changing macroeconomic conditions.
In addition to the NCD discussion, the board will approve the bank's Q3 FY26 unaudited financial results for the quarter and nine months ending December 31, 2025. The proposed NCD issuance, pending shareholder approval and regulatory clearances, could occur in multiple tranches during FY 2026–27.
NCDs are debt instruments that do not offer equity conversion rights. They are typically used by banks to raise capital efficiently. Kotak Mahindra Bank has a history of successful NCD issuances, such as the ₹1,500 crore 7.63% senior unsecured NCDs, which demonstrated timely interest servicing with ₹114.45 crore paid on December 1, 2025.
Read More: Kotak Mahindra Bank Appoints Anup Kumar Saha as Whole-Time Director!
The board meeting will adhere to SEBI (LODR) Regulations, ensuring compliance with regulatory standards. The agenda includes discussions on financial results and the strategic decision to raise funds through NCDs, reflecting the bank's proactive approach to capital management.
As of January 13, 2026, at 1:20 PM, Kotak Mahindra Bank share price on NSE was trading at ₹2,121.30 down by 0.56% from the previous closing price.
Kotak Mahindra Bank's upcoming board meeting will focus on crucial financial decisions, including the consideration of NCD issuance and the approval of Q3 FY26 results. This strategic move aims to bolster the bank's capital position in response to macroeconomic shifts.
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Published on: Jan 13, 2026, 3:32 PM IST

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