Kotak Mahindra Bank announced the sub-division of its equity shares. Each share with a face value of ₹5 has been split into five shares with a face value of ₹1 each. The record date for the sub-division was January 14, 2026, and the new shares have been credited to shareholders’ demat accounts as of January 15, 2026.
Equity Shares Sub-Division Details
Kotak Mahindra Bank has successfully completed the sub-division of its equity shares, originally announced on November 21, 2025, and December 27, 2025. The sub-division involved splitting each equity share with a face value of ₹5 into five equity shares with a face value of ₹1.
Record Date and Credit Information
The record date for the sub-division was January 14, 2026. The newly sub-divided equity shares were credited to the demat accounts of concerned shareholders on January 15, 2026, replacing the previously held shares.
ISIN Details
The International Securities Identification Number (ISIN) for the sub-divided equity shares is INE237A01036. These shares are available for trading under this ISIN on both BSE Limited and National Stock Exchange of India Limited, starting from January 14, 2026.
Share Capital Structure
The bank’s share capital, both before and after the sub-division, is as follows:
Authorized Capital:
Equity Shares: 2,800,000,000 shares both before and after the split with the total share capital remaining at ₹14,000,000,000.
Preference Shares: 1,000,000,000 shares both before and after the split with the total share capital remaining at ₹5,000,000,000.
Total authorized capital remains at ₹19,000,000,000.
Issued, Subscribed and Paid-up Share Capital:
Equity Shares: 1,989,098,595 shares both before and after the split with the total share capital remaining at ₹9,945,492,975.
Total issued, subscribed, and paid-up share capital remains at ₹9,945,492,975.
Source: BSE
