Kotak Mahindra Bank Ltd.

NSE: KOTAKBANK | BSE: 500247 | ISIN: INE237A01028 | Industry: Banks
| Mid-range Performer
2150.1000 5.50 (0.26%)
NSE Oct 10, 2025 15:49 PM
Volume: 1.9M
 

2150.10
0.26%
ICICI Securities Limited
Kotak Mahindra Bank had issued 100 crore non-convertible perpetual noncumulative preference shares (PNCPS) of face value | 5 each aggregating to | 500 crore. It will be added to the paid up capital but not equity capital. Post the issue, the promoter stake, which was earlier at 30.03%, has declined to ~19.7%, adhering to RBI requirement on reducing shareholding under 20%. The RBI has been informed about the transaction while approval on the same is awaited. RBI had previously mandated the bank reduce promoter stake to 20% of paid up capital by December 2018 and 15% by March 2020. As per media reports, issued PNCPS will be listed on the stock exchange....
Number of FII/FPI investors increased from 1463 to 1503 in Jun 2025 qtr.
More from Kotak Mahindra Bank Ltd.
Recommended