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Intimation in respect of increase in Ceiling for investment by Foreign Institution Buyers

July 16, 2014

The Bombay Stock Exchange Limited
1st Floor, New trading Ring,
Rotunda Building,
Phiroze Jejeebhoy Towers,
Dalal Street, Mumbai 400001.

Dear Sir / Madam,

Re: Increase in ceiling for investment by Foreign Institutional Investors.

The shareholders of the Bank at the Annual General Meeting held today, have approved increase in ceiling limit for investment by Securities and Exchange Board of India approved Foreign Institutional Investors (FIIs)/ sub-accounts of FIIs, Foreign Portfolio Investors (FPIs) and Qualified Foreign Investors (QFIs) in the equity share capital of the Bank, through primary or secondary route to 40%.

Subsequently, the Board of Directors of the Bank at its meeting held today, have increased the aforesaid ceiling limit to 40% with immediate effect.

The total shareholding of FIIs/FPIs and QFIs as per the shareholding data received from R&T Agent as on 11th July 2014 is 33.37% and the same as on 15th July 2014 is 33.57%.

Request you to take the same on record.

Thanking you,

Yours faithfully,
KOTAK MAHINDRA BANK LIMITED


Bina Chandarana
Company Secretary &
Executive Vice President

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