Kotak Mahindra Bank Dividend: Record Date Fixed! Private Lender To Declare Q1 Result On THIS Date

Kotak Mahindra Bank Dividend Record Date: The Mumbai-headquartered Kotak Mahindra Bank on Tuesday declared dividend record date to determine the eligibility of shareholders for the corporate action. The company scrip ended 3.61% higher at Rs 2224.5 per share on BSE.

The company, on Monday, announced strong Q1FY26 updates where it reported a 14% annual increase and a 4.2% sequential increase in its lending business to Rs 4.45 lakh crore. The bank's loan book at the end of the March quarter stood at 4.27 lakh crore, which was the same at Rs 3.9 lakh crore in the first quarter of previous financial year.

Kotak Mahindra Bank Dividend Record Date

The company, in its BSE filing, had fixed July 18 as the dividend record date to determine the eligibility of shareholders for the final dividend for the financial year 2025, recommended by the board of directors earlier.

"Pursuant to the provisions of the applicable laws, the Bank has fixed Friday, July 18, 2025 as the 'Record Date', for the purpose of determining the members of the Bank eligible to receive the Final Dividend for the Financial Year ended March 31, 2025, as has been recommended by the Board of Directors of the Bank. The dividend, if declared at the AGM, will be paid to the concerned members on or before Friday, August 8, 2025."

Kotak Mahindra Bank Dividend

Kotak Mahindra Bank's board of directors, on May 3, recommended a dividend of Rs 2.5 per equity share with a face value of Rs 5 per share. "This is to inform you that the Board of Directors of Kotak Mahindra Bank Limited ("Bank") have, at their meeting held today, inter alia, recommended a dividend of Rs. 2.50 per Equity Share of the face value of Rs. 5/- each, out of the net profits for the financial year ended March 31, 2025, subject to the approval of the members at the ensuing Annual General Meeting of the Bank," read a BSE filing by the company.

Kotak Mahindra Bank Q1 Result Announcement Date

The company will announce its result for the quarter ending in June for the financial year 2025-26 on July 26. "Pursuant to Regulation 29(1) and Regulation 50(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that a meeting of the Board of Directors of Kotak Mahindra Bank Limited ("Bank") will be held on Saturday, July 26, 2025 to, inter alia, consider, approve and take on record the Standalone and Consolidated Unaudited Financial Results of the Bank for the quarter ended June 30, 2025," stated company in its press release.

Kotak Mahindra Bank Share Price Trend

The company scrip closed higher at Rs 2,224.5 per share on BSE on Tuesday. The stock had touched an intraday high mark of Rs 2241 apiece, whereas the stock dipped to an intraday low mark of Rs 2186.20 apiece.

Kotak Mahindra Bank shares touched a 52-week high mark of Rs 2,301.55 per share on BSE on 22 April, 2025. The stock plunged to its 52-week low mark of Rs 1,679.1 apiece on 13 November, 2024. The stock valuation has increased by 24.41% since the beginning of year 2024-25.

Kotak Mahindra Bank Target Price

"Kotak Bank is currently in a consolidation phase after a recent recovery from its lows. The stock is trading just below its short-term resistance zone around ₹2,250-₹2,270. A decisive breakout above ₹2,270 could open the way for an up-move toward ₹2,320-₹2,350 in the near term. On the downside, immediate support is placed at ₹2,180, followed by stronger support around ₹2,140. The overall structure suggests a neutral to positive bias, and traders may consider buying on dips toward ₹2,190-₹2,200 with a stop-loss below ₹2,140. A close above ₹2,270 would confirm a shift in short-term momentum in favor of the bulls," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

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