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Kotak Mahindra allots shares under ESOS

NEW DELHI: Kotak Mahindra Bank on Monday said it has allotted 42,600 shares as stock options to employees of Kotak Mahindra Old Mutual Life Insurance, one of the subsidiaries of the bank, under the Employees Stock Option scheme and Employees Stock Purchase scheme, guidelines, 1999, the bank informed the Bombay Stock Exchange.

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