Kotak Mahindra Bank Announces 1:5 Stock Split on 40th Foundation Day

Kotak Mahindra Bank Limited announced a significant corporate action today, revealing that its Board of Directors has approved a sub-division (stock split) of its equity shares. The decision was made at a Board Meeting held to mark the Bank’s 40th Foundation Day.

The Board has greenlit the sub-division of one existing, fully paid-up equity share, currently holding a face value of ₹5/- each, into five equity shares, each having a face value of ₹1/- each, fully paid-up.

This move is fundamentally aimed at increasing market accessibility for the Bank’s shares. By making the equity shares more affordable, the Bank seeks to enhance liquidity and encourage wider market participation, particularly among retail investors.

C S Rajan, Part-time Chairman of Kotak Mahindra Bank, framed the decision as a commitment to long-term shareholder value creation, stating that the milestone is “not just a reflection of our legacy, but a Kotak for the future”.

He highlighted that the sub-division was specifically chosen on this momentous occasion to make the shares more affordable and liquid, thereby encouraging wider investor participation.

Ashok Vaswani, Managing Director and CEO, echoed this sentiment of expansion and inclusion. He remarked that the decision to implement the stock split “echoes our commitment to inclusivity, so that more investors can join us in the Kotak growth story,” referencing the Bank’s forty-year journey rooted in trust and innovation.

To facilitate this structure change, the Board also approved an amendment to the Capital Clause of the Memorandum of Association of the Bank.

The successful implementation of the stock split remains subject to several required consents, including those from the Bank’s members, the Reserve Bank of India (RBI), and other necessary regulatory and statutory authorities. Once all necessary clearances are obtained, the process is currently expected to be completed within two months.

Signed by Avan Doomasia Under the Media Release on Stock Split disclosure. This article is based on disclosure filed with NSE and BSE on November 21, 2025.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

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