Description
BSE lists 66,700 bonus equity shares of Kotak Mahindra Bank Ltd (Scrip Code 500247) for trading effective March 11, 2026. These shares were allotted on January 29, 2026 and were earlier kept in abeyance.
Summary
BSE has listed 66,700 bonus equity shares of Kotak Mahindra Bank Ltd (Scrip Code 500247) for trading effective Wednesday, March 11, 2026. These shares of Re. 1/- each were allotted on January 29, 2026 but were kept in abeyance until now.
Key Points
- 66,700 bonus equity shares of Kotak Mahindra Bank Ltd are now listed on BSE
- Scrip Code: 500247
- ISIN: INE237A01036
- Distribution Numbers: 9946390306 to 9946457005
- Shares were allotted on January 29, 2026 and were previously kept in abeyance
- Trading permitted from Wednesday, March 11, 2026
Regulatory Changes
No regulatory changes. This is an administrative listing notice enabling previously abeyance-held bonus shares to trade on the exchange.
Compliance Requirements
Trading members of BSE are informed that these securities are now permitted to trade. No specific compliance action is required from members beyond recognizing the new tradeable shares under the existing ISIN INE237A01036.
Important Dates
- Allotment Date: January 29, 2026
- Listing / Trading Commencement Date: Wednesday, March 11, 2026
Impact Assessment
The impact is minimal. The 66,700 shares represent a very small addition to Kotak Mahindra Bank’s total share capital. These shares were already allotted in January 2026 but kept in abeyance (likely due to pending legal or regulatory matters). Their release for trading has negligible dilution effect and no material impact on the stock’s price or liquidity.
Impact Justification
Routine listing of a small tranche of bonus shares (66,700) previously kept in abeyance; minimal market impact given the size relative to total shares outstanding.