Kotak Mahindra Bank has announced January 14, 2026, as the record date for its upcoming 1:5 stock split, marking the bank’s first share subdivision in nearly 15 years.
As per the announcement, shareholders who hold Kotak Mahindra Bank shares in their demat accounts at the close of trading on January 13 will be eligible for the stock split. Investors purchasing the shares on or after January 14 will not qualify for the entitlement.
In an exchange filing, the bank said it has fixed Wednesday, January 14, 2026, as the record date under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to determine shareholders eligible for the subdivision of equity shares.
Details of Kotak Mahindra Bank Stock Split
Earlier in November 2025, the private sector lender had announced a 1:5 stock split, under which one fully paid-up equity share with a face value of ₹5 will be split into five equity shares of ₹1 each.
This will be only the second stock split undertaken by the bank. The previous subdivision was carried out in 2010, when the face value of its shares was reduced from ₹10 to ₹5.
A stock split increases the number of outstanding shares while reducing the per-share price, without impacting the company’s overall market capitalisation. Such moves are typically aimed at improving liquidity and making shares more accessible to a broader base of investors.
Kotak Mahindra Bank Share Price Performance
On Tuesday, Kotak Mahindra Bank shares were trading marginally lower, down 0.47% at ₹2,148.40 on the BSE.
In the near term, the stock has remained largely range-bound, slipping 0.32% over the past five sessions and 0.64% over the last six months. However, on a one-year basis, the stock has gained around 23%.
Kotak Mahindra Bank shares are listed on both the BSE and NSE. The stock touched a 52-week high of ₹2,301.55 on April 22 and a 52-week low of ₹1,711.05 on January 14, 2025.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Stock market investments are subject to market risks. Readers are advised to consult their financial advisor before making any investment decisions.
