BSEMediumNeutral
Announced Sat, 31 May · 16:53 IST

Appointment of Secretarial Auditor

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kotak Mahindra Bank's Board of Directors appointed M/s. Parikh & Associates, a peer-reviewed firm of Practising Company Secretaries, as the Bank's Secretarial Auditor on May 31, 2025. The appointment covers a five-year period from FY 2025-26 to FY 2029-30, in line with Section 204 of the Companies Act, 2013 and SEBI Listing Regulations. Parikh & Associates, founded in 1987 in Mumbai, specialises in corporate law, SEBI regulations, and FEMA advisory. Member approval will be sought at the next Annual General Meeting.

Likely market impact

This is a routine regulatory compliance disclosure with no material impact on shareholders or stock price. It reflects standard governance practice for a listed bank and signals continuity in secretarial audit oversight.