kotak mahindra bank · 0 i 20 19 6 7 ii 54 3 li m uday 0 ~ ed c 21 01-is na i 0 i i sc,r r. kotak 0...

wth January 2020

The Manager Corporate Relationship, BSE Limited, 1st Floor, New Trading Ring, Rotunda Building, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001.

Dear Sir,

Kotak Mahindra Bank

The Manager National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor, Plot No.C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051.

Reg: Quarterly Compliance Report on Corporate Governance.

Pursuant to Regulation 27(2)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the Quarterly Compliance Report on Corporate Governance for the quarter ended 31st December 2019.

Kindly aclmowledge receipt.

Yours faithfully, Kotak Mahindra Bank Limited

~ ~ ._ Q .. \.J, C:lt._ .....,__~=.._ \~~"--'·-.C\ Bina Chandarana Company Secretary & Sr. Executive Vice President

Encl: as above.

Kotak Mahindra Bank ltd. CIN: L65 1 10MH19BSPLC03U137

Registered Ofi-ice: 27 BKC, C 1..7, G Block, Bandra l<urla Complex, Bandra (E), Mumbai 400051, Mnhmashtra, lndin.

T +91 22 61660000 www.kotak.com

T i I I e ( M r

I Ill s )

M r.

COMPLIANCE REPORT ON CORPORATE GOVERNANCE-QUARTERLY NSE

ANNEXURE I

Format to be sybmjtted by listed entjtv on qyarter!y basjs

1. Name of Listed Entity - Kotak Mahindra Bank Limited 2. Quarter ending - 31-Dec-2019

Name of D p c s I Da D Te D Wh D No. No No No the I A at u n te at nur at eth at of of of of

Director N N e b it of e e e er e Dire lnde me po g c i Ap of of spe of ctor pen mbe st or a a poi ce Bi cia I pa ship dent rship of y I I nt ss rth res ss in Dire sin Ch ( e D me ati olut in lisle ctor Audi air c g a nt on ion g d ship tl pe h 0 t pas sp entit in Stak rso ai r e sed ec ies lisle ehol n rp y 0 ? ial inclu d der in er f re ding en tit Com Au s A so this ies mitte dit/ 0 p lui lisle inclu e(s) St n p io d ding inclu ak /Ex 0 n en tit this ding eh ecu i y lisle this old live n d lisle er /No t en tit d Co n- m y entit m Ex e y mit ecu n tee live t hel

I d lnd in ep list en ed de ent nt/ itie No s min inc ee) lud

ing thi s

list ed en! ity

Prakash 0 ~ ID, 18 18- 69 06 NA 2 2 4 2

A pte 0 c - Mar -1 B & M - M 9 p NE ar 201 ay 6 A D - 9 -1 3

>"1;) (f!

Me Rem mb arks ers hip in

Co m mit tee s of the Co ' mp an y

AC, RC, NRC

0 I 20 19 6 7 II 54

3 li

M Uday 0 ~ ED c 21 01- IS NA I 0 I I SC,R r. Kotak 0 E - Jan- - c

0 B 0- N 201 M 0 p M ov 8 ar 7 K D - -4 8 19 19 6 9 85 59 7 9

9 F

M Dipak 0 ~ ED 01 01- 13 NA I 0 3 0 SC,R r. Gupta 0 - Jan- - c

0 A 0 201 Fe 0 p ct- 8 b-4 c 19 19 7 6 99 61 7 0 I 8

7 F

M KVS 0 ~ ED 01 OS NA I 0 1 0

r. Manian 0 - -0 p N 0 3 p ov ct-1 s - 19 7 4 20 61 9 4 19 4 6

9 c

M Gaurang 0 ~ ED 01 25 NA I 0 I 0 RMC r. Shah 0 - -

0 F N 0 1 p ov ct-6 s - 19 6 3 20 61 6 9 19 0 0

0 A

M C Jayaram 0 A NE 01 01- 18 NA 2 I 3 0 SC,N r. 0 CD - May - RC

0 L 0 - A I p ct- 201 pr 2 J 19 6 -2 5 99

.... z~ ('

1 5 19 4 1 56

1 E

M s 0 ~ ID 15 15- 69 27 NA 1 1 2 1 AC,S

r. Mahendra 6 - Mar - c Dev 5 K M - Se

1 p ar 201 p-9 s - 8 19 8 6 20 57 6 7 13 9 1

3 L

M Farida 0 A ID 07 07- 64 11 NA 1 1 0 0 NRC s Khambata 6 L - Sep- -

9 J Se 201 D 5 p p- 9 ec 4 K 20 -1 1 14 19 2 9 49 3 0

9 N

M Uday 0 A ID 16 16- 39 01 NA 4 4 2 3 AC r. Khanna 0 F - Sep- -

0 E Se 201 D 7 p p- 6 ec 9 K 20 -1 7 16 19 2 0 49 9 6

1 E

M Uday 0 ~ ID 16 16- 9 16 NA 1 1 1 0 r. Shankar 1 - Mar -

7 X M - Se 5 p ar 201 p-5 s - 9 19 9 7 20 61 6 2 19 3 7

3 c .

. . 1. Composition Of Board Of D1rector

Company Remarks Whether Regular chairperson Yes appointed Whether Chairperson is No related to MD or CEO

'!· •.

ii. Composition of Committees

a Audit Committee Sr. Name of the Director Category Chairperson/Membership Appointment Cessation.Date No. Date 1 UdayKhanna ID Chairperson 16-Sep-20 16 2 Prakash Apte ID,C& Member 15-Mar-20 13

NED 3 S Mahendra Dev ID Member 30-Apr-2014

Company Remarks Whether Permanent Yes chairperson appointed

b Stakeholders Relationship Committee Sr. Name of the Director Category Chairperson/Membership Appointment Cessation Date No. Date 1 S Mahendra Dev ID Chairperson 15-Mar-2013 2 UdayKotak ED Member 30-Jan-2003 3 Dipak Gupta ED Member 29-Jun-200 1 4 C Jayaram NED Member 30-Apr-2019


c. R' kM IS anagemen tC 'It omm1 ee Sr. Name of the Director Category Chairperson/Membership Appointment Cessation Date No. Date 1 Prakash Apte ID,C& Chairperson 14-Mar-2019

NED 2 UdayKotak ED Member 26-Feb-2003 3 Dipak Gupta ED Member 30-Apr-2014 4 Gaurang Shah ED Member 01-Apr-2018 5 Paul Parambi Member Member 11-Nov-2019


d Nomination and Remuneration Committee Sr. Name of the Director Category Chairperson/Membership Appointment Cessation Date No. Date 1 Farida Khambata ID Chairperson 14-Mar-2019 2 Prakash Apte ID,C& Member 30-Apr-2014

NED 3 C Jayaram NED Member 21-Jun-2018

I Company Remarks I Yes

I chairperson appointed

iii. Meeting of Board of Directors

Date(s) of Meeting Date(s) of Meeting Whether Number of Number of Independent (if any) in the (if any) in the requirement of Directors present Directors present previous quarter relevant quarter Quorum met 22-Jul-2019 22-0ct-2019 Yes 8 5 19-Aug-2019 Yes 12-Sep-2019 Yes

Company Remarks Maximum gap between any 39 two consecutive (in number of days)

iv. Meeting of Committees

Name of the Date(s) of Date(s) of Whether Number of Number of Committee meeting during meeting of the requirement Directors independent

of the committee committee in the of Quorum present directors in the previous relevant quarter met (Yes/No) present quarter

Audit Committee 22-Jul-2019 Yes Audit Committee 23-Jul-20 19 Yes Audit Committee 22-0ct-2019 Yes 3 3 Audit Committee 30-0ct-2019 Yes 3 3 Audit Committee 06-Dec-2019 Yes 3 3 Nomination & 22-Jul-2019 Yes Remuneration Committee Nomination & 22-0ct-2019 Yes 3 2 Remuneration Committee Risk Management 28-Aug-2019 Yes Committee Risk Management 27-Dec-2019 Yes 4 1 Committee Stakeholders 06-Aug-2019 Yes Relationship Committee Stakeholders 08-Nov-2019 Yes 4 1 Relationship Committee Stakeholders 20-Dec-2019 Yes 3 1 Relationship Committee

I Company Remarks

'

·c.i\ ..

/

two consecutive (in number of days) [Only for Audit Committee]

v. Related Party Transactions

Subject

Whether prior approval of audit committee obtained

Whether shareholder approval obtained for material RPT Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee

Disclosure of notes on related party transactions and Disclosure of notes of material related party transactions

VI. Affirmations

Compliance status Remark (Yes/No!NA)

Yes Not Applicable

Yes

1. The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015. -Yes

2. The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015

a. Audit Committee- Yes b. Nomination & remuneration committee- Yes c. Stakeholders relationship committee -Yes d. Risk management committee (applicable to the top 100 listed entities)- Yes

3. The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. -Yes

4. The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes

5. a. This report and/or the report submitted in the previous quarter has been placed before Board of Directors: -Yes b. Any comments/observations/advice of Board of Directors may be mentioned here:

Name Designatlon

'J ". G Ql, ~- '-'--C_\.o..._'y--Q<.<..-...._G; ,-:::-, ,,, . .. '

Bina Chandarana Company Secretary & Compliance Officer

1/13/2020 BSE Corporate Governance 31.12.2019 (002).html

General information about company

Scrip code 500247

NSE Symbol KOTAKBANK

MSEI Symbol NOT LISTED

!SIN INE237A01028

Name of the entity KOTAK MAHINDRA BANK LIMITED

Date of start of financial year 01-04-2019

Date of end of financial year 31-03-2020

Reporting Quarter Quarterly

Date of Report 31-12-2019

Risk management committee Applicable

Market Capitalisation as per immediate previous Financial Year Top 500 listed entities

file:///C:/Users/sachin.kanvinde/AppData/Loca!/Microsoft/Windows/INetCache/Content.Outlook!TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 1120


Annexure!

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

I Disclosure of notes on composition ofboard of directors explanatory I i I

I

I Wether the listed entity has a Regular Chairperson Yes I '

Whether Chairperson is related to 1\IID or CEO No ' i

No of post of

No of No of Number of Chairperson in

Directorship Independent memberships Audit/ Whether

in listed Directorship in Audit/ Stakeholder

special Tenure entities in listed Stakeholder Committee

Title Nmno Category Date

resolution Date of Initial Date of including

entities Committee(s) held in listed Notes for Notes for

s, (M' of the PAN DIN Category 1 Category 2

3 of of passed? passing

of Date ofRe- Date of

director this listed including this including this entities not not

I Director of directors of directors

directors Birth [Refer Reg. special

appointment appointment cessation

(in entity (Refer listed entity listed entity including this providing providing

Ms) l7{1A) of resolution months) Regulation

(Refer (Refer listed entity PAN DIN i Listing Regulation Regulation (Refer I

17Aof Regulations]

Listing 17A(l) of 26(1) of Regulation

Regulations) Listing Listing 26(1) of

Regulations Regulations) Listing Regulations)

Non-06- I

1 M' Prakash

.A.ABPA3173H 00196106 Executive-

Chairperson 05- NA 18-03-2011 18-03-2019 69 2 2 4 2 A pte Independent

1954 Director

Uday Executive Not CEO-15-

2 "' Kotak .A.ABPK8999F 00007467

Director Applicable MD 03- NA 21-11-1985 01-01-2018 1 0 1 1

1959

Dipak Executive Not 13-3 "' Gupta

AAAPG6087F 00004771 Director Applicable

02- NA 01-10-1999 01-0l-2018 1 0 3 0

1961

KVS Executive Not 05-

4 M' Manian AOPPS4469G 00031794

Director Applicable 10- NA 01-11-2019 1 0 1 0

1961

file:///C:/Users/sachin.kanvinde/AppData/Locai!Microsoft/Windows/INetCache/Content.Outlook/TFXY04LF/BSE Corporate Governance 31.12.2019 {002).html 2/20



Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

No of post No of

Number of of

No of Independent memberships

Chairpersor

Whether Directorship Directorship

in Audit/ in Audit/

special in listed in listed

Stakeholder StakeholdeJ

Title resoh1tion Date of Tenure entities entities

Committee(s) Committee

(Mr Name of

Category 1 Category 2 Category Date passed? passing

Initial Date Date of ReM Date of

of including including including this

held in liste1 Sr

I tho PAN DIN

of directors of 3 of of [Refer Reg. special

of appointment cessation

director this listed this listed listed entity

entities

M,) Director directors directors Birth 17(1A) of resolution

appointment (in entity (Refer entity (Refer

including

Listing months) Regulation {Refer

Regulation this listed

Regulations] 17Aof Regulation

26{1) of entity (Refe

Listing 17A{l) of Listing

Regulation Regulations) Listing

Regulations) 26{1) of

Regulations Listing Regulations

Gaurang Executive Not 25-

5 Mr Shoh

AAFPS3900A 00016660 Director Applicable

10- NA 01-11-2019 1 0 1 0 1961

Non-

c Executive-Not

18-6 Mr

Jayamm ACLPJ5511E 00012214 Non

Applicable Q4.. NA 01-10-1999 01-05-2016 2 1 3 0

Independent 1956 Director

s Non-27-

1 Mr Mahendra AAKPS6713L 06519869 Executive- Not

09- NA 15-03-2013 15-03-2018 69 1 1 2 I Dev Independent Applicable

1957 Director

·~ .. ···~··· -~

Non-ll-

8 M' Farida

ALJPK1909N 06954123 Executive- Not

12- NA 07-09-2014 07-09-2019 64 I 1 0 0 Khambata Independent Applicable

1949 Director

.. ----------------- L__ . ---- -------------- --L__ -

file:J//C:/Users/sachin.kanvinde/AppData/LocallMicrosoft!Windows/lNetCache/Content.Outlook!TFXY04LF /BSE Corporate Governance 31.12.201 9 (002).html 3/20

1/13/2020 SSE Corporate Governance 31.12.2019 (002).html


Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

No of post No of

Number of of

No of Independent memberships

Chairperson

Whether Directorship Directorship

in Audit/ in Audit!

special in listed in listed

Stakeholder Stakeholder

Title resolution Date of Tenure entities entities Committee(s) Committee

(Mr Nrune

Category 1 Category2 Category Date

passed? passing Initial Date

Date ofRe- Date of of including including

including this held in listed

Sr I

of the PAN DIN of directors of 3 of of

[Refer Reg. special of

appointment cessation director this listed this listed

listed entity entities

M') Director directors directors Birth

17(1A) of resolution appointment (m entity (Refer entity

(Refer including

Listing months) Regulation (Refer

Regulation this listed

Regulations] 17Aof Regulation

26(1) of entity (Refer

Listing 17A(I) of Listing

Regulation Regulations) Listing

Regulations) 26(1) of

Regulations Listing Regulations)

Non-01-

9 Mr Uday

AFEPK706IE 00079129 Executive· Not

12- NA 16-09-2016 16-09-2016 39 4 4 2 3 Khanna Independent Applicable

1949 Director

Non-16-

10 Mr Uday

AAXPS7273C 01755963 Executive M Not

09- NA 16-03-2019 16M03M2019 9 1 1 1 0 Shankar Independent Applicable

1961 Director

file:///C:JUsers/sachin.kanvinde/AppData/Loca!/Microsoft/Windows/INetCache/Content.OutlookffFXY04LFJBSE Corporate Governance 31.12.2019 (002).html 4/20

1/13/2020 BSE Corporate Governance 31.12.2019 (002}.html

Audit Committee netails

Whether the Audit Committee has a Regular Chairperson Yes

Sr DIN Name of Committee Category 1 of directors Category 2 of Date of Date of Remarks

Number members directors Appointment Cessation

l 00079!29 UdayKhanna Non-Executive- Independent Chairperson 16-09-20!6 Textual

Director Information{l)

2 00196106 Prakash Apte Non-Executive- Independent

Member 15-03-20!3 Director

3 06519869 S Mahendra Dev Non-Executive- Independent Member 30-04-2014 Director

·~

file:///C:/Users/sachin.kanvinde/AppData/Locai/Microsoft!Windows/INetCache/Content.Outlook!TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 5/20


Sr Text Block

Textual Information(!) I Mr. Uday Khanna was appointed as Chairman of the Audit Committee with effect from 20fu July 2018.

·····:q;.··

file:///C:/Users/sachin.kanvinde/AppData/Loca!/Microsoft/Windows/lNetCache/Content.OutlookfTFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 6/20


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular Chairperson Yes

Sr DIN Name of Committee

Category 1 of directors Category 2 of Date of Date of Remarks


I 06954123 Farida Khambata Non-Executive- Independent

Chairperson 14-03-2019 Director

2 00196106 Prakash Apte Non-Executive- Independent Member 30-04-2014 Director

3 00012214 C Jayaram Non-Executive- Non Member 21-06-2018 Independent Director

.. "<::;4

file://JC:/Users/sachin.kanvinde/AppData/Locai/Microsoft!Windows/INetCache/Content.Outlook!TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 7120


Stakeholders Relationship Committee

\Vhether the Stakeholders Relationship Committee has a Regular Chairperson Yes



1 06519869 S Mahendra Dev Non-Executive- Independent

Chairperson 15-03-2013 Director

2 00007467 UdayKotak Executive Director Member 30-01-2003

3 00004771 DipakGupta Executive Director Member 29-06-2001

4 00012214 CJayaram Non-Executive- Non

Member 30-04-2019 Independent Director

··~·

file:///C:/Users/sachin.kanvinde/AppData/Local/MicrosofUWindows/lNetCache/Content.OutlookfTFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 8120


Risk Management Committee

Whether the Risk Management Committee bas a Regular Chairperson Yes



I 00196106 Prakash Apte Non-Executive- Independent Chairperson 14-03-2019 Director

2 00007467 UdayKotak Executive Director Member 26-02-2003

3 00004771 Dipak Gupta Executive Director Member 30-04-2014

4 00016660 Gaurang Shah Executive Director Member 01-04-2018

5 99999999 Paul Parambi Member Member 11-11-2019 ---- ------------- ------

~'

file:///C:JUsers/sachin.kanvinde/AppData/Locai/Microsoft/Windows/INetCache/Content.Outlook!TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 9/20

1/13/2020 BSE Corporate Governance 31.12.2019 (002}.html

Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular Chairperson No

Sr DIN Name of Committee Category 1 of directors

Category 2 of Date of Date of Remarks


I 00012214 C Jayaram Non-Executive- Non

Chairperson 14-03-2014 Textual Independent Director Information(!)

2 065!9869 S Mahendra Dev Non-Executive- Independent

Member 14-03-2014 Director

3 00004771 DipakGupta Executive Director Member 14-03-2014 ··--

~

file:I//C:/Users/sachin.kanvinde/AppData/Locai/Microsoft/Windows/INetCache/Content.OutlookfTFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 10/20


Sr Text Block

Textual Information(!) I Chairman elected at every CSR Committee Meeting.

··-~

file:///C:/Users/sachin.kanvinde/AppData/Local!Microsoft/Windows/INetCache/Content.OutlookffFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 11/20


Other Committee

Sr DIN Number Name of Committee members Name of other committee Category 1 of directors Category 2 of directors Remarks

'iff

file:///C:/Users/sachin.kanvinde/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook!TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 12/20


Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting ofboard of directors explanatory

Date( s) of meeting Date(s) of Maximum gap between

Notes for Whether Number of No. of Independent

Sr (if any) in the meeting (if any) any two consecutive (in not requirement of Directors Directors attending

in the current providing Quorum met previous quarter

quarter number of days) Date (Yes/No)

present* the meeting*

1 22-07-2019 Yes

2 19-08-2019 27 Yes

3 12-09-2019 23 Yes

4 22-10-2019 39 Yes 8 5

.··.~

file:J//C:/Users/sachin.kanvinde/AppData/Locai/MicrosofVWindows/lNetCache/Content.OutlookJTFXY04LF /BSE Corporate Governance 31.12.2019 (002).html 13/20


Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory

Date(s) of meeting (Enter Maximum gap Resonfor Whether Number No. of

Name of requirement Independent Sr

Name of dates of Previous quarter and between any two other

not of Quorum

of Directors Committee Current quarter in consecutive (in providing Directors

committee met attending the chronological order) number of days) date

(Yes/No) present* meeting*

I Audit 22-07-2019 Yes Committee

2 Audit 23-07-2019 0 Yes Committee

3 Audit 22-10-2019 90 Yes 3 3 Committee

4 Audit

30-10-2019 7 Yes 3 3 Committee

5 Audit 06-12-2019 36 Yes 3 3 Committee

Nomination

6 and 22-07-2019 Yes remuneration committee

.•.~

file:I//C:/Users/sachin.kanvinde/AppData/Local/Microsoft/Windows/INetCache/Content.Out!ook/TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 14/20

1/13/2020 SSE Corporate Governance 31.12.2019 (002).html

Annexure 1

IV. Meeting of Committees

Date( s) of meeting (Enter Maximum gap Reson for Whether Number No. of

Name of dates of Previous quarter and between any two Name of not requirement of Independent

Sr Committee Current quarter in consecutive (in other providing of Quorum Directors Directors

chronological order) number of days) committee date met present* attending the (Yes/No) meeting*

Nomination

7 and 22-10-2019 91 Yes 3 2 remuneration committee

Risk 8 Management 28-08-2019 Yes

Committee

Risk 9 Management 27-12-2019 120 Yes 4 1

Committee

Stakeholders 10 Relationship 06-08-2019 Yes

Committee

Stakeholders 11 Relationship 08-11-2019 93 Yes 4 I

Committee

Stakeholders 12 Relationship 20-12-2019 41 Yes 3 1

Committee

Corporate

13 Social 18-10-2019 Yes 3 I Responsibility Committee

• .. i~

file:///C:/Users/sachin.kanvinde/AppData/Locai/MicrosofUWindows/INetCache/Content.Outlook/TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 15/20


Annexure 1

V. Related Party Transactions

Sr Subject Compliance status If status is "No" details of non-(Yes/No/NA) compliance may be given here.

I Whether prior approval of audit committee obtained Yes

2 Whether shareholder approval obtained for material RPT NA

3 Whether details of RPT entered into pursuant to omnibus approval Yes

have been reviewed by Audit Committee

~-· . u

file:///C:/Users/sachin.kanvinde/AppData/Local/Microsoft/Windows/JNetCache/Content.Outlook!TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 16/20


Annexure 1

VI. Affirmations

Sr Subject Compliance status (Yes/No)

l The composition of Board of Directors is in terms ofSEBI (Listing obligations and disclosure requirements) Yes Regulations, 2015

2 The composition of the following committees is in terms ofSEBI(Listing obligations and disclosure requirements) Yes Regulations, 2015 a. Audit Committee

3 The composition of the following committees is in terms ofSEBI(Listing obligations and disclosure requirements) Yes Regulations, 2015. b. Nomination & remuneration committee

4 The composition of the following committees is in terms ofSEBI(Listing obligations and disclosure requirements) Yes

Regulations. 2015. c. Stakeholders relationship committee

5 The composition of the following committees is in terms ofSEBI(Listing obligations and disclosure requirements) Yes Regulations, 2015. d. Risk management committee (applicable to the top 500 listed entities)

6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI Yes (Listing obligations and disclosure requirements) Regulations, 2015.

7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in Yes SEBI (Listing obligations and disclosure requirements) Regulations, 2015.

8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes

~

fi!e:///C:/Users/sachin.kanvinde/AppOata/Locai/Microsoft/Windows/INetCache/Content.Out!ook/TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 17/20


Annexure 1

Sr Subject Compliance status

I Name of signatory Bina Chandarana ~.'N,. ('<:_,.o.~c..0..=-<-~ c-...c;

2 Designation Company Secretary and Compliance Officer

-~-

file:///C:/Users/sachin.kanvinde/AppData/Locai/MicrosofUWindows/INetCache/Content.Outlook!TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 18/20


Signatory Details

Name of signatory Bina Chandarana

Designation of person Company Secretary and Compliance Officer

Place MUMBAI

Date 10-01-2020

~

file:I//C:/Users/sachin.kanvinde/AppData/Locai/MicrosofUWindows/INetCache/Content.Outlook/TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 19/20


file://JC:/Users/sachin.kanvinde/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook!TFXY04LF/BSE Corporate Governance 31.12.2019 (002).html 20/20

kotak mahindra bank · 0 i 20 19 6 7 ii 54 3 li m uday 0 ~ ed c 21 01-is na i 0 i i sc,r r. kotak 0...

Documents