Kotak Mahindra Bank Limited has informed BSE Limited and National Stock Exchange of India Limited that Uday S Kotak submitted an annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure confirms that as on March 31, 2026, Uday S Kotak, along with members of the promoter group or persons acting in concert, has not created any encumbrance, directly or indirectly, on the shareholding in Kotak Mahindra Bank Limited. The declaration is made on an annual basis and covers all shareholding held by Uday S Kotak and the promoter group entities.
The filing was submitted on April 10, 2026 to BSE Limited (Scrip Code 500247) at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai and to National Stock Exchange of India Limited (NSE Symbol: KOTAKBANK) at Exchange Plaza, Bandra-Kurla Complex, Bandra East, Mumbai.
The communication was addressed to Kotak Mahindra Bank Limited at the bank's registered office at 27 BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051. Uday Suresh Kotak signed the disclosure from his registered address at 62, NCPA Apartments, Dorabji Tata Marg, Nariman Point, Mumbai.
The disclosure provides confirmation that no encumbrances have been placed on the promoter group's shareholding as of March 31, 2026. This annual filing meets the disclosure requirement under Regulation 31(4) of the SEBI takeover regulations.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.