Kotak MF crosses 5% in South Indian Bank via open market buys

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

SOUTHBANK · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

-2.1%Reaction day

₹47.49

prior close

₹46.03

announcement price

In-mkt

timing

Nifty Microcap 250market+0.4%-2.5% vs market

Private Sector Bank peers, median of 19sector+0.2%-2.3% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.3 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.5

15m

+0.5

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1+0.4-2.5+0.2-2.3

Next day

+0.9+1.8-0.8+0.8+0.2

-0.8+0.5-1.3+0.2-1.0

-2.1+0.9-3.0+0.7-2.8

-1.2+0.3-1.6+0.6-1.9

-1.6+1.4-3.0+0.4-2.0

-1.1+3.2-4.4+1.5-2.6

15d

-3.9+5.4-9.3-1.1-2.8

-4.7+6.4-11.1+1.1-5.9

+5.2+6.3-1.2-2.1+7.3

+11.3-3.6+15.0-5.5+16.8

UpDownMarket · Nifty Microcap 250Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kotak Mahindra Mutual Fund bought 1.47 crore shares (0.56%) of South Indian Bank on July 21, 2026 through open market, raising its holding from 4.60% (12.04 crore shares) to 5.16% (13.51 crore shares), crossing the 5% SAST disclosure threshold.

Likely market impact

Positive signal: a major domestic fund house increasing stake shows institutional confidence in the bank.