Kotak MF crosses 5% stake in South Indian Bank
SOUTHBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kotak Mahindra Mutual Fund acquired 14,694,332 equity shares (0.56%) of South Indian Bank through open market on July 21, 2026. KMMF total holding rose from 4.60% to 5.16%, crossing the 5% disclosure threshold under SEBI takeover rules. KMMF is not classified as a promoter.
Institutional buying by a major mutual fund signals confidence. Crossing the 5% mark is a positive for the stock.