Kotak Mahindra Bank announces stock split for wider participation

Kotak Mahindra Bank announced on November 21, 2025, that its board of directors approved a sub-division of the bank's equity shares. This stock split will convert one existing equity share with a face value of ₹5 each into five equity shares, each with a face value of ₹1. The decision is subject to regulatory and statutory approvals.

The primary goal of the stock split is to make Kotak Mahindra Bank's equity shares more accessible and increase liquidity, thereby fostering broader market participation, especially among retail investors. The bank's part-time chairman, C S Rajan, emphasized that this move aims to create long-term value for shareholders.

The approval also includes an amendment to the Capital Clause of the Memorandum of Association to reflect the revised share structure. The bank anticipates completing the process within two months, pending consent from its members, the Reserve Bank of India, and other necessary clearances.