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Kotak Mahindra Bank announces 1:5 stock split

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Kotak Mahindra Bank announces 1:5 stock split

The Board Also Approved An Amendment To The Capital Clause Of The Memorandum Of Association Of The Bank To Reflect The Revised Share Structure, PostSplit.

The board also approved an amendment to the Capital Clause of the memorandum of association of the bank to reflect the revised share structure, post-split.

Kotak Mahindra Bank (KMB) has announced a five-for-one stock split, its first since September 2010, to commemorate the bank’s 40th Foundation Day.

The decision is intended to improve share accessibility and trading liquidity, broadening investor participation—particularly among individual investors.

The board further approved modifications to the Capital Clause in its memorandum of association to align with the post-split share structure. The changes are contingent on approvals from shareholders, the Reserve Bank of India, and other regulators, with completion targeted within two months of securing all clearances.

Published on November 21, 2025

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