Announced Thu, 23 Jul · 20:12 IST
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.
Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹47.49
prior close
₹47.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.5-1.4-2.2+0.9—————————
Up moveDown movePending
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.