Kotak Mahindra Bank (KOTAKBANK) — Corporate Action

Kotak Mahindra Bank allotted 1,33,400 equity shares of Re. 1/- each to eligible shareholders on January 29, 2026. These shares represent rights shares and corporate benefits that were previously held in abeyance pending judicial clearance. The allotment follows a competent authority's order, resolving a historical corporate action backlog for affected shareholders.

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About Kotak Mahindra Bank Limited (KOTAKBANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹3,84,977.93 Cr P/E: 20.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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