Kotak Mahindra Bank Limited has informed the Exchange about General Updates
KOTAKBANK · price
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Kotak Mahindra Bank has notified exchanges about transferring unclaimed dividends and eligible shares to the Investor Education and Protection Fund (IEPF) Authority. As per the Companies Act 2013, dividends that remain unclaimed for 7 years must be transferred to IEPF. The bank has identified unclaimed FY 2018-19 dividends for transfer, with the deadline for shareholder claims set for August 11, 2026 before the transfer occurs by August 21, 2026. The filing includes notices sent to affected shareholders and newspaper advertisements published on May 14, 2026. Shareholders holding physical shares have been advised to update KYC details with the registrar KFin Technologies for receiving payments electronically.
This is a routine regulatory compliance filing with no direct impact on the bank's stock or financials. Shareholders who have unclaimed dividends still have time until August 11, 2026 to claim their amounts and avoid transfer to IEPF.