StockWatch
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Private Sector Bank
Shareholding23 Jul 2026, 08:20 pm

Kotak Mahindra MF Crosses 5% Stake in South Indian Bank

AI Summary

Kotak Mahindra Mutual Fund (KMMF) has acquired additional equity shares in South Indian Bank Ltd., crossing the 5.00% threshold of the issued equity share capital. The acquisition, made through various KMMF schemes, brings KMMF's total holding to 5.1595%. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The details of the acquisition, including the number of shares acquired and the resulting shareholding percentage, have been formally intimated to the bank and are available on the bank's website.

Key Highlights

  • Kotak Mahindra Mutual Fund acquired over 5% stake in South Indian Bank.
  • KMMF's total holding now stands at 5.1595% of issued equity.
  • Acquisition made through various schemes of Kotak Mahindra Mutual Fund.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.
  • Transaction details are available on the bank's website.