KOTAKBANKBSEKotak Mahindra Bank LtdMinimalNeutral
Announced Thu, 14 May · 17:13 IST

Intimation attached

KOTAKBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹383.50
prior close
₹383.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+0.5+1.8+2.1-0.3-0.1-0.5+0.3+1.6-1.7+5.6-1.4
Up moveDown movePending
AI summary

Kotak Mahindra Bank has issued notices to shareholders regarding transfer of unclaimed dividends and eligible equity shares to the Investor Education and Protection Fund (IEPF) Authority. The bank is required to transfer unclaimed dividend from Financial Year 2018-19 to IEPF by August 21, 2026, as the dividend has remained unpaid for seven consecutive years per Section 124(5) of Companies Act 2013. Additionally, any shares where dividends remained unclaimed for seven years will also be transferred to IEPF per Section 124(6). Shareholders have until August 11, 2026 to claim their unpaid dividends before the transfer. The bank has published public notices in Financial Express (English) and Navshakti (Marathi) newspapers on May 14, 2026. KFin Technologies Limited is the Registrar and Transfer Agent handling these claims.

Likely market impact

This is a routine regulatory compliance filing with no direct impact on stock price. Shareholders who have not claimed their 2018-19 dividends should do so before August 11, 2026, as after transfer to IEPF, claims must be filed with IEPF Authority through a separate process.