Kotak Mahindra Bank completes 5:1 stock split; new shares credited

Stock SplitCorporate Actions View source PDF Explain this filing

KOTAKBANK · price

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Price reactionminutes from the announcement price · days from the prior close

+2.1%Reaction day

₹418.70

prior close

₹419.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.4%+2.5% vs market

Private Sector Bank peers, median of 19sector-0.5%+2.6% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty 100 and 2.6 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.1

10m

+0.9

15m

+0.8

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1-0.4+2.5-0.5+2.6

Next day

+1.2-1.9+3.1-2.8+4.1

+0.6-2.2+2.8-4.3+4.9

+2.0-1.6+3.6-1.2+3.2

+1.3-2.7+4.0-2.3+3.6

-1.6-2.2+0.6-0.3-1.4

-1.6-1.0-0.5+0.5-2.0

15d

+2.3+1.0+1.3+2.5-0.2

-0.4-0.7+0.4+1.3-1.7

-11.6-10.0-1.6-10.8-0.8

-9.2-3.9-5.3-1.1-8.1

UpDownMarket · Nifty 100Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kotak Mahindra Bank has completed the sub-division of equity shares. Each share of face value Rs 5 has been split into 5 shares of Re 1 each. Record date was January 14, 2026, and new shares were credited to demat accounts on January 15, 2026 under new ISIN INE237A01036. Total share capital stays unchanged at about Rs 994.5 crore, but share count rises from about 198.9 crore to about 994.5 crore. Shares now trading on BSE and NSE at the new face value.

Likely market impact

Lowers per-share price, improving affordability and liquidity. No change in total investment value or market cap for existing shareholders.