Description
BSE notifies listing and trading permission for 66,700 bonus equity shares of Kotak Mahindra Bank Ltd (Scrip Code 500247), effective March 11, 2026. These shares were allotted on January 29, 2026 but were previously kept in abeyance.
Summary
BSE has notified trading members that 66,700 bonus equity shares of Kotak Mahindra Bank Ltd (Scrip Code: 500247) are listed and permitted to trade on the Exchange with effect from Wednesday, March 11, 2026. These shares were originally allotted on January 29, 2026 but had been kept in abeyance pending resolution.
Key Points
- 66,700 bonus equity shares of Re. 1/- each are now listed on BSE
- Scrip Code: 500247 (Kotak Mahindra Bank Ltd)
- ISIN: INE237A01036
- Distribution Numbers: 9946390306 to 9946457005
- Shares were allotted on January 29, 2026 but were earlier kept in abeyance
- Trading permitted effective March 11, 2026
Regulatory Changes
No regulatory changes. This is an operational notice enabling trading of previously abeyance-held bonus shares.
Compliance Requirements
Trading members are informed to update their records and systems to reflect the listing of these additional shares. No specific compliance action is required beyond awareness of the new tradeable securities.
Important Dates
- Allotment Date: January 29, 2026
- Listing / Trading Effective Date: March 11, 2026 (Wednesday)
Impact Assessment
Minimal market impact. The 66,700 shares represent a very small addition to Kotak Mahindra Bank’s existing share capital. The listing resolves the abeyance status of these bonus shares, allowing affected shareholders to trade them. No broader market or regulatory implications are anticipated.
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 Kotak Mahindra Bank's total share capital.