Kotak Mahindra Bank fixes January 14 as record date for upcoming stock split
Kotak Mahindra Bank has fixed January 14, 2026, as the record date for its stock split, involving subdivision of equity shares from face value of Rs 5 to Rs 1. The move aims to improve liquidity and enhance retail investor participation in the stock.
Kotak Mahindra Bank has fixed Wednesday, January 14, 2026, as the record date for its forthcoming stock split, according to the company’s recent exchange filing. This move comes in line with the announcement made earlier regarding the sub-division of its equity shares.
The bank stated that the sub-division will involve splitting 1 equity share of face value Rs 5 each (fully paid-up) into 5 equity shares of face value Rs 1 each, fully paid-up. The record date will determine the eligibility of shareholders entitled to receive the split shares.
“We refer to our intimation dated November 21, 2025 in connection with the sub-division of existing equity shares of the Bank and wish to inform you pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 that the Bank has fixed Wednesday, January 14, 2026 as the ‘Record Date’ to determine the eligible equity shareholders of the Bank whose equity shares will be sub-divided,” the bank said in its regulatory filing.
This upcoming split marks a significant corporate action for Kotak Mahindra Bank, which last undertook a share split more than 15 years ago. As per historical records available on Trendlyne, the bank had previously split its shares from a face value of Rs 10 to Rs 5 in 2010, with the stock trading ex-split in September 2010.
The new stock split is aimed at enhancing the stock's liquidity and making it more accessible to a wider base of retail investors. Shareholders on record as of January 14, 2026, will be eligible for the split-adjusted shares.
On Monday, the shares of Kotak Mahindra Bank were trading flat, with a negative bias at Rs 2,158.70 on the BSE.
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