Announced Fri, 3 Jul · 13:29 IST
Uday Kotak confirms no encumbrance on Kotak Bank shares
Ownership Changes View source PDF
KOTAKBANK · price
▲ 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
-4.4%1-day move
₹398.60
prior close
₹396.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-0.0-0.3-4.4-4.1-7.0-5.3-5.1-5.2-3.5———
Up moveDown movePending
AI summary
Uday S Kotak, promoter of Kotak Mahindra Bank, has filed an annual disclosure under SEBI's Takeover Regulations confirming that as on March 31, 2026, he and the promoter group have not created any encumbrance (pledge, lien, or charge) on their shareholding in the bank. This is a routine annual compliance filing under Regulation 31(4).
Likely market impact
Reassuring for shareholders as no promoter shares are pledged, reducing concerns over potential forced selling or margin calls.