Kotak Mahindra Bank has announced that its Board of Directors will meet on November 21, 2025, to consider a proposal for the sub-division (split) of the bank’s existing equity shares. The shares currently have a face value of ₹5 each. The decision regarding the stock split will be made by the Board. This information is publicly available on the bank’s website.
Board Meeting for Stock Split
The Board of Directors of Kotak Mahindra Bank is scheduled to convene on November 21, 2025. A key agenda item for this meeting is to deliberate on a proposal for the sub-division, also known as a stock split, of the bank’s equity shares.
Details of the Proposed Stock Split
Currently, the equity shares of Kotak Mahindra Bank have a face value of ₹5 each. The board will consider a proposal to split these shares. The specifics of how the split will be executed, if approved, will be determined by the Board of Directors during the meeting. Shareholders and investors are advised to monitor for further announcements following the board meeting.
Source: BSE