Regulatory14 May 2026, 05:21 pm
Kotak Bank: Unclaimed Dividend & Shares Transfer to IEPF
AI Summary
Kotak Mahindra Bank Ltd. is transferring unclaimed/unencashed dividend and eligible equity shares to the Investor Education and Protection Fund (IEPF) Authority, as per SEBI regulations and the Companies Act, 2013. Notices were sent to concerned shareholders, and newspaper clippings were published on May 14, 2026, in Financial Express and Navshakti. The dividend declared for FY 2018-19, unclaimed as of August 21, 2026, will be credited to IEPF. Shares with unclaimed dividends for seven consecutive years will also be transferred to IEPF Authority within 30 days of the due date. Shareholders are requested to claim their dividends by August 11, 2026.
Key Highlights
- Kotak Mahindra Bank to transfer unclaimed dividend and shares to IEPF.
- Transfer is pursuant to Companies Act, 2013 and SEBI regulations.
- Unclaimed dividend for FY 2018-19 due for transfer by August 21, 2026.
- Shareholders requested to claim dividends by August 11, 2026.
- Notices published in Financial Express and Navshakti on May 14, 2026.
Price Impact
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