KOTAKBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kotak Mahindra Bank has issued notices to shareholders regarding unclaimed dividends from Financial Year 2018-19 that are due for transfer to the Investor Education and Protection Fund (IEPF) Authority. Under the Companies Act 2013, dividends unpaid for seven years must be transferred to IEPF. The bank has set August 11, 2026 as the last date for shareholders to claim these dividends before the transfer deadline of August 21, 2026. Additionally, shares where dividends have remained unclaimed for seven consecutive years will also be transferred to IEPF. The bank has published notices in Financial Express and Navshakti newspapers and made the information available on its website.
This is a routine regulatory compliance filing with no material impact on the bank's financials or stock price. Affected shareholders risk losing unclaimed dividends and shares to IEPF if they do not claim them by the deadline.