ESG Ratings: Can Fin Homes & !Kotak Bank

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:** Received an ESG rating of **70 (“Excellent”)** from ESG Risk Assessments & Insights Ltd. for FY2025-26. The rating reflects the bank's strong performance across key environmental, social and governance parameters and reinforces its focus on responsible banking practices. **Stock Commentary:** The excellent ESG rating strengthens Kotak Mahindra Bank's sustainability credentials and may support long-term investor sentiment. The development is fundamentally positive, although the immediate impact on financial performance is expected to be limited. **Impact: Positive** ** !Can Fin Homes:** Received an ESG rating of **69 (“Strong”)** from CRISIL ESG Ratings & Analytics for FY2025-26. The rating highlights the company's performance across environmental, social and governance parameters and reflects its focus on responsible and sustainable business practices. **Stock Commentary:** The strong ESG rating can support investor confidence and improve the company's positioning among ESG-focused institutional investors. While the rating does not have a direct impact on near-term earnings, it strengthens the company's overall sustainability profile. **Impact: Positive**