Kotak Mahindra Bank to acquire Deutsche Bank AG
Kotak Mahindra Bank (KOTAKBANK) said it has agreed a deal to acquire Deutsche Bank AG. The company is valued at about ₹4.62 lakh crore.
What happened
In a filing with the NSE on 3 November 2026 at 08:19 PM, Kotak Mahindra Bank (KOTAKBANK) said that it has agreed a deal to acquire Deutsche Bank AG.
Company snapshot
Kotak Mahindra Bank is a large-cap company in the Financial Services sector, with a market value of about ₹4.62 lakh crore.
The stock last traded at ₹464.7, against a 52-week range of ₹345.5–₹466 (0.3% below the high).
Before this filing the shares had moved +9.6% over the month and +15.2% over three months. Average daily turnover over the last 20 sessions was about ₹1,102 crore.
Promoters held 25.87% at the end of Q2 FY27. Foreign institutions owned 24.65% and domestic institutions 38.54%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 24,901 | 4,468.3 | 22.47 |
| Q3 FY26 | 27,851 | 4,924.3 | 4.95 |
| Q4 FY26 | 28,108 | 5,423.2 | 5.45 |
| Q1 FY27 | 30,069 | 5,480.5 | 5.51 |
| Q2 FY27 | 29,427 | 5,645.4 | 5.68 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.4% on average the next trading day and was down 0.4% on average after five days (4 filings with price data).
Across 101 similar disclosures by other Financial Services companies, shares moved +0.0% on average the next day and −0.3% over five days; 43% of them rose the next day.
Market-wide, 2,325 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Sept 2026 | M&A | +0.5% | +3.0% |
| 25 Sept 2026 | Intimation of Scheme of Amalgamation of Kotak Mahindra Investments… | +0.5% | +3.0% |
| 30 Jun 2026 | Acquisition by the Bank of Deutsche Bank AG s Retail Banking,… | +1.8% | −5.6% |
| 30 May 2026 | Acquisition by way of direct assignment of loan portfolio and… | −1.3% | −1.8% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Kotak Mahindra Bank Limited (KOTAKBANK.NS) stock price, news, quote and history
- Kotak Mahindra Bank's Q2 net profit jumps 26% to Rs 5,645 crore
- Kotak Mahindra Bank Q2 net up 26% on higher income and better asset quality
- KOTAKBANK Outlook for the Week
- Kotak Mahindra Bank Q2 Preview: Profit Seen Rising 27%; NII Growth, Margins And FCNR(B) Funds In Focus
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.