Description
BSE lists 66,700 rights equity shares of Kotak Mahindra Bank Ltd (Scrip Code: 500247) that were kept in abeyance, effective March 11, 2026. The shares were allotted on January 29, 2026 and are pari passu with existing equity shares.
Summary
BSE has listed 66,700 rights equity shares of Kotak Mahindra Bank Ltd (Scrip Code: 500247) that were previously kept in abeyance. These shares are now permitted to trade on the Exchange effective Wednesday, March 11, 2026.
Key Points
- 66,700 equity shares of Re. 1/- each have been listed on BSE
- Shares were originally allotted on January 29, 2026 but kept in abeyance
- ISIN: INE237A01036
- Distinctive Numbers: 9946390306 to 9946457005
- Shares are pari passu with existing equity shares of Kotak Mahindra Bank Ltd
- Trading permitted from Wednesday, March 11, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for rights equity shares that were previously held in abeyance pending resolution of certain conditions.
Compliance Requirements
Trading members of BSE are informed that these securities are now available for trading. No specific compliance action is required beyond awareness of the new securities being admitted to trading.
Important Dates
- Allotment Date: January 29, 2026
- Listing / Trading Commencement Date: Wednesday, March 11, 2026
Impact Assessment
Minimal market impact. The listing of 66,700 shares is a very small addition to Kotak Mahindra Bank’s total share capital. These shares being pari passu with existing shares means no dilution in rights or dividends for existing shareholders beyond the previously announced rights issue. The release from abeyance indicates resolution of the underlying dispute or pending condition that had previously prevented allotment.
Impact Justification
Routine listing of a small number of rights equity shares (66,700) previously kept in abeyance for Kotak Mahindra Bank. Minimal market impact given the small quantity relative to total outstanding shares.