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Shares of Kotak Mahindra Bank will remain in focus on Monday, as the stock turns ex-date for the bonus issue on Tuesday. That means, Monday is the last date for shareholders to become eligible to receive the bonus shares. The bank is rewarding its shareholders with a 1:1 bonus issue. Meanwhile, the FIPB's nod to hike FII investment limit in Kotak Mahindra Bank to 55 per cent will also buoy the sentiment for the stock.
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