Kotak Mahindra Bank Sets January 14, 2026 as Record Date for 1:5 Stock Split

Kotak Mahindra Bank shares were in focus after the lender announced January 14, 2026, as the record date for its proposed stock split. The move will determine eligible shareholders whose equity shares will be subdivided. The stock closed at ₹2,161.70 on Friday, valuing the bank at a market capitalisation of about ₹4.30 lakh crore.

Earlier, the bank’s board approved a 1:5 stock split, its first in 15 years. Under the proposal, each existing equity share with a face value of ₹5 will be subdivided into five equity shares with a face value of Re 1 each. This means shareholders will receive five shares for every one share held as of the record date.

Kotak Mahindra Bank last split its shares in 2010, when the face value was reduced from ₹10 to ₹5, and issued bonus shares in a 1:1 ratio in 2015. Stock splits are typically aimed at improving liquidity and affordability for investors. The stock is up over 17% in 2025 so far, and the bank continues its history of shareholder-friendly actions, including consistent dividend payouts over the past decade.

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