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Kotak Mahindra Bank informs about clarification

07 Feb 2026 Evaluate
Kotak Mahindra Bank has informed that pursuant to Regulation 30(11) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) with respect to a news article reported in the Economic Times on February 6, 2026, titled ‘IDBI stake sale: Kotak Mahindra, Fairfax to submit financial bids’ and similar other articles which have appeared in the mainstream media, they observed material price movement in the Bank’s scrip on February 6, 2026 and, therefore, in compliance with obligations under Regulation 30(11) of the SEBI Listing Regulations, they clarified that the Bank has not submitted a financial bid as part of disinvestment process relating to IDBI Bank. The Bank has and shall continue to make disclosures, in compliance with its obligations under Regulation 30 of the SEBI Listing Regulations.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
HDFC Bank 702.95
ICICI Bank 1347.35
Axis Bank 1246.00
Kotak Mahindra Bank 439.70
Indusind Bank 873.35
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