SOUTHBANKBSETHE SOUTH INDIAN BANK LTD· BanksHighNeutral
Announced Thu, 23 Jul, 2026 · 20:12 IST

Kotak MF crosses 5% stake in South Indian Bank

Creeping Acquisition Near ThresholdOwnership Changes View source PDFExplain 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
₹47.50
announcement price
After-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
5m
-1.5
10m
-1.5
15m
-1.4
30m
-2.2
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
2d
-0.8+0.5-1.3+0.2-1.0
3d
-2.1+0.9-3.0+0.7-2.8
4d
-1.2+0.3-1.6+0.6-1.9
5d
-1.6+1.4-3.0+0.4-2.0
1w
-1.1+3.2-4.4+1.5-2.6
15d
-3.9+5.4-9.3-1.1-2.8
1m
-4.7+6.4-11.1+1.1-5.9
2m
+5.2+6.3-1.2-2.1+7.3
3m
+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 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.

Likely market impact

Institutional buying by a major mutual fund signals confidence. Crossing the 5% mark is a positive for the stock.