Kotak Mahindra Bank Pays Interest on Senior Unsecured Bonds to Bondholders
Kotak Mahindra Bank Ltd has confirmed the interest payment to the bondholders of its 7.55% Senior Unsecured Rated Listed Redeemable Long Term Bonds (Non-Convertible Debentures). The payments were completed on June 23, 2026.The bank released details confirming the remittance of interest due under the bonds. This transaction pertains to the senior unsecured notes which carry a coupon rate of 7.55%.
Interest Payment Details
Key financial and operational details regarding the interest payment are as follows:
| Parameter | Detail |
|---|---|
| Issue Size (in Rs.) | Rs. 18,950,000,000/- |
| Interest Amount Paid | Rs. 1,430,725,000/- |
| ISIN | INE237A08973 |
| Frequency of Payment | Annually |
| Due Date for Interest Payment | June 23, 2026 |
| Actual Date of Payment | June 23, 2026 |
| Record Date for Interest Payment | 08/06/2026 |
The amount of interest paid on the due date was Rs. 1,430,725,000/-. This payment aligns with the annual frequency set for these bonds. The last recorded interest payment took place on June 23, 2025.
No redemption payments were noted as applicable for this instrument, and no changes in the payment frequency have occurred.
KOTAKBANK Stock Price Movement
Shares of Kotak Mahindra Bank Limited closed today after slipping slightly at ₹402.15, having shed 0.12% or ₹0.50 from its previous close. The stock saw brisk activity during trading, with over 10 million shares changing hands in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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