Kotak Mahindra Bank Ltd. announced that its Large Expenditure and Share Transfer and Other Matters Committee has allotted 4,67,180 equity shares of Re. 1 each upon the exercise of an equivalent number of Employee Stock Options under the Kotak Mahindra Equity Option Scheme 2015 and Kotak Mahindra Equity Option Scheme 2023, resulting in an increase in the bank’s paid-up share capital from 9,94,78,81,278 equity shares to 9,94,83,48,458 equity shares.