Regulatory14 May 2026, 05:21 pm
Kotak Bank: Unclaimed Dividend & Shares Transfer to IEPF
AI Summary
Kotak Mahindra Bank Ltd. is transferring unclaimed dividends and eligible equity shares to the Investor Education and Protection Fund (IEPF) Authority, as per SEBI regulations and the Companies Act, 2013. The transfer relates to dividends unclaimed for seven years, specifically concerning the financial year 2018-19 with a due date of August 21, 2026. Notices were sent to concerned shareholders and published in Financial Express and Navshakti on May 14, 2026. Shareholders are requested to claim their dividends by August 11, 2026.
Key Highlights
- Kotak Mahindra Bank transferring unclaimed dividend and shares to IEPF.
- Transfer due to unclaimed dividends for seven consecutive years.
- Financial year 2018-19 dividend to be credited to IEPF by August 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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