KOTAK MAHINDRA BANK LTD
Proposal 1
TO RECEIVE, CONSIDER AND ADOPT THE STANDALONE AUDITED FINANCIAL STATEMENT OF THE BANK FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2022 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 2
TO RECEIVE, CONSIDER AND ADOPT THE CONSOLIDATED AUDITED FINANCIAL STATEMENT OF THE BANK FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2022 TOGETHER WITH THE REPORT OF THE AUDITORS THEREON
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 3
RESOLVED THAT AN INTERIM DIVIDEND AT THE RATE OF INR 0.405 PER 8.10% NON-CONVERTIBLE PERPETUAL NON-CUMULATIVE PREFERENCE SHARE OF INR 5/- (FIVE RUPEES ONLY), AS DECLARED BY THE BOARD OF DIRECTORS FOR THE FINANCIAL YEAR 2021-22 AND PAID TO THOSE MEMBERS WHOSE NAMES APPEARED IN THE LIST OF BENEFICIAL OWNERS AS ON THE RECORD DATE I.E. 18TH MARCH, 2022, BE AND IS HEREBY CONFIRMED
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 4
RESOLVED THAT A DIVIDEND AT THE RATE OF INR 1.10 (ONE RUPEE AND TEN PAISE ONLY) PER EQUITY SHARE OF INR 5/- (FIVE RUPEES ONLY), AS RECOMMENDED BY THE BOARD OF DIRECTORS, BE AND IS HEREBY DECLARED FOR THE FINANCIAL YEAR 2021-22 AND THAT THE SAME BE PAID OUT OF THE PROFITS OF THE BANK FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2022 TO ALL THOSE MEMBERS WHOSE NAMES APPEARED IN THE REGISTER OF MEMBERS / LIST OF BENEFICIAL OWNERS, AS ON THE RECORD DATE FIXED FOR THIS PURPOSE I.E. 12TH AUGUST, 2022
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 5
TO RE-APPOINT MR. KVS MANIAN (DIN: 00031794), WHO RETIRES BY ROTATION AND, BEING ELIGIBLE, HAS OFFERED HIMSELF FOR RE-APPOINTMENT
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 6
TO RE-APPOINT MR. GAURANG SHAH (DIN: 00016660), WHO RETIRES BY ROTATION AND, BEING ELIGIBLE, HAS OFFERED HIMSELF FOR RE-APPOINTMENT, TO HOLD OFFICE UP TO 31ST OCTOBER, 2022
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 7
RESOLVED THAT IN ADDITION TO AND IN FURTHERANCE OF THE RESOLUTIONS PASSED BY THE MEMBERS OF THE BANK AT THE ANNUAL GENERAL MEETING HELD ON 25TH AUGUST, 2021 FOR THE APPOINTMENT AND PAYMENT OF REMUNERATION TO WALKER CHANDIOK & CO LLP, CHARTERED ACCOUNTANTS (FIRM REGISTRATION NUMBER: 001076N / N500013) AND PRICE WATERHOUSE LLP, CHARTERED ACCOUNTANTS (FIRM REGISTRATION NUMBER: 301112E / E300264), RESPECTIVELY, AS JOINT STATUTORY AUDITORS OF THE BANK AND PURSUANT TO THE PROVISIONS OF SECTION 142 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT, 2013 READ WITH THE COMPANIES (AUDIT AND AUDITORS) RULES, 2014, AS MAY BE APPLICABLE AND THE PROVISIONS OF THE BANKING REGULATION ACT, 1949, FURTHER APPROVAL OF THE MEMBERS OF THE BANK, BE AND IS HEREBY ACCORDED FOR PAYMENT OF ADDITIONAL FEES / REMUNERATION OF INR 2,000,000 (RUPEES TWENTY LAKH ONLY), FOR GENERAL INCREASE IN EFFORTS, FOR THE FINANCIAL YEAR 2021-22, TO BE ALLOCATED BY THE BANK BETWEEN WALKER CHANDIOK & CO LLP, CHARTERED ACCOUNTANTS AND PRICE WATERHOUSE LLP, CHARTERED ACCOUNTANTS, DEPENDING UPON THEIR RESPECTIVE ROLES AND RESPONSIBILITIES AND SCOPE OF WORK, IN ADDITION TO ANY OUT OF POCKET EXPENSES, OUTLAYS AND TAXES, AS APPLICABLE. RESOLVED FURTHER THAT THE BOARD OF DIRECTORS ("BOARD"), INCLUDING THE AUDIT COMMITTEE OF THE BOARD OR ANY OTHER PERSON(S) AUTHORISED BY THE BOARD OR THE AUDIT COMMITTEE IN THIS REGARD, BE AND IS HEREBY AUTHORISED ON BEHALF OF THE BANK TO DO ALL SUCH ACTS, DEEDS, MATTERS AND THINGS AS IT MAY, IN ITS ABSOLUTE DISCRETION DEEM NECESSARY OR DESIRABLE FOR SUCH PURPOSE AND WITH THE POWER TO SETTLE ALL QUESTIONS, DIFFICULTIES OR DOUBTS THAT MAY ARISE IN THIS REGARD, FOR THE IMPLEMENTATION OF THE RESOLUTION AND FOR ALLOCATION OF ADDITIONAL FEES / REMUNERATION, AS MENTIONED HEREIN ABOVE, AND FOR FINALISING, AMENDING, SIGNING, DELIVERING AND EXECUTING ANY DEED, DOCUMENT, PAPER, WRITING IN THIS REGARD
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 8
APPOINTMENT OF KKC & ASSOCIATES LLP, CHARTERED ACCOUNTANTS (FIRM REGISTRATION NUMBER: 105146W / W100621) AS ONE OF THE JOINT STATUTORY AUDITORS OF THE BANK
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 9
RESOLVED THAT PURSUANT TO THE PROVISIONS OF SECTION 142 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT, 2013 ("ACT") READ WITH THE COMPANIES (AUDIT AND AUDITORS) RULES, 2014, SECTION 30 OF THE BANKING REGULATION ACT, 1949 AND THE GUIDELINES AND CIRCULARS ISSUED BY THE RESERVE BANK OF INDIA ("RBI") IN THIS REGARD, FROM TIME TO TIME, INCLUDING ANY AMENDMENT(S), MODIFICATION(S), VARIATION(S) OR RE-ENACTMENT(S) THEREOF, FOR THE TIME BEING IN FORCE, THE APPROVAL OF THE MEMBERS OF THE BANK, BE AND IS HEREBY ACCORDED FOR PAYMENT OF AN OVERALL AUDIT FEE NOT EXCEEDING INR 35,000,000 (RUPEES THREE CRORE FIFTY LAKH ONLY), TO PRICE WATERHOUSE LLP, CHARTERED ACCOUNTANTS (FIRM REGISTRATION NUMBER 301112E / E300264) AND KKC & ASSOCIATES LLP, CHARTERED ACCOUNTANTS (FIRM REGISTRATION NUMBER: 105146W / W100621), THE JOINT STATUTORY AUDITORS OF THE BANK, FOR THE FINANCIAL YEAR 2022-23 AND THAT THE SAME BE ALLOCATED BY THE BANK BETWEEN THE JOINT STATUTORY AUDITORS, DEPENDING UPON THEIR RESPECTIVE SCOPE OF WORK, IN ADDITION TO ANY OUT OF POCKET EXPENSES, OUTLAYS AND TAXES, AS APPLICABLE. RESOLVED FURTHER THAT THE BOARD OF DIRECTORS ("BOARD"), INCLUDING THE AUDIT COMMITTEE OF THE BOARD OR ANY OTHER PERSON(S) AUTHORISED BY THE BOARD OR AUDIT COMMITTEE IN THIS REGARD, BE AND IS HEREBY AUTHORISED TO NEGOTIATE, FINALISE, ALLOCATE / APPORTION THE AFORESAID REMUNERATION BETWEEN THE JOINT STATUTORY AUDITORS, DEPENDING ON THEIR RESPECTIVE ROLES AND RESPONSIBILITIES / SCOPE OF WORK, AND IF REQUIRED, ALTER AND VARY THE TERMS OF REMUNERATION DUE TO ANY CHANGE / MODIFICATION IN ROLES AND RESPONSIBILITIES / SCOPE OF WORK, ANY AMENDMENTS IN ACCOUNTING STANDARDS OR REGULATIONS AND SUCH OTHER REQUIREMENTS RESULTING IN THE CHANGE / MODIFICATION IN ROLES AND RESPONSIBILITIES / SCOPE OF WORK, ETC., OF THE JOINT STATUTORY AUDITORS, WITHOUT BEING REQUIRED TO SEEK ANY FURTHER CONSENT OR APPROVAL OF THE MEMBERS OF THE BANK
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 10
RE-APPOINTMENT OF MR. KVS MANIAN (DIN: 00031794) AS WHOLE-TIME DIRECTOR OF THE BANK AND PAYMENT OF REMUNERATION
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 11
APPOINTMENT OF MS. SHANTI EKAMBARAM (DIN: 00004889) AS A DIRECTOR AND WHOLE-TIME DIRECTOR OF THE BANK AND PAYMENT OF REMUNERATION
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 12
MATERIAL RELATED PARTY TRANSACTION WITH INFINA FINANCE PRIVATE LIMITED FROM THIRTY-SEVENTH ANNUAL GENERAL MEETING TO THIRTY-EIGHTH ANNUAL GENERAL MEETING
Caisse vote:
For
Applicable policy or principle:
PC_00
Proposal 13
MATERIAL RELATED PARTY TRANSACTION WITH MR. UDAY KOTAK FROM THIRTY-SEVENTH ANNUAL GENERAL MEETING TO THIRTY-EIGHTH ANNUAL GENERAL MEETING
Caisse vote:
For
Applicable policy or principle:
PC_00