Kotak Mahindra Bank Limited has informed the Exchange that the Board of Directors at its meeting held on November 21, 2025, has considered and approved subdivision of 1988752989 equity shares of Rs. 5 each into 9943764945 equity shares of Re. 1 each.
KOTAKBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than Nifty 100 and 0.8 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kotak Mahindra Bank's Board of Directors, at its meeting on November 21, 2025, has approved a stock split (subdivision) of its equity shares. Each existing equity share with a face value of Rs. 5 will be split into 5 equity shares with a face value of Re. 1 each. This means the total number of equity shares will increase from about 1.99 billion to about 9.94 billion. The total market capitalisation of the bank remains unchanged, but the share price will adjust proportionally downward.
The split makes Kotak Mahindra Bank shares more affordable and improves liquidity for retail investors. It is typically a positive sentiment signal, though it does not change the underlying value of the company or shareholder wealth.