Kotak Mahindra Bank has announced January 14, 2026, as the record date for the sub-division (split) of its equity shares. Each existing share with a face value of ₹5 will be split into five equity shares with a face value of ₹1 each. This corporate action aims to enhance liquidity and accessibility for investors.
Equity Share Sub-division Details
Kotak Mahindra Bank is proceeding with the sub-division of its existing equity shares. The record date for determining eligible shareholders for this split is set for January 14, 2026.
Revised Face Value Post-Split
The sub-division involves splitting each existing equity share of the Bank with a face value of ₹5 (Rupees Five only) into five equity shares, each with a face value of ₹1 (Rupee One only). This change is applicable to fully paid-up shares.
Official Announcement
This information was officially announced on December 27, 2025, and is available on the bank’s website. The sub-division is intended to increase the number of outstanding shares, potentially making them more accessible to a broader range of investors.
Source: BSE
