Kotak‍‌‍‍‌‍‌‍‍‌‍‌‍‍‌‍‌‍‍‌ Mahindra Bank Schedules Board Meeting To Consider Stock Split on November 21

Mumbai, November 17 2025 – Kotak Mahindra Bank Ltd. (NSE: KOTAKBANK, BSE: 500247), one of India’s leading private sector banks, today announced that the Bank’s Board of Directors shall meet on November 21, 2025, to consider a proposal for splitting the face value of shares of the bank presently at ₹ 5 each. The move, elaborated in detail in a conformance document and in a bank website communication, refers to an increase in the number of shares with a corresponding decrease in the face value of each share, if approved by the board.

Board Meeting and Proposed Action

The stock split plan is expected to top the agenda in the meeting of the board scheduled for November 21. If approved, the bank would be permitted to reduce the face value of its shares while increasing the number of shares outstanding. The bank will do this without changing the total market capitalization in order to attract more investors and increase liquidity.

Market Implications and Context

Splitting stock is one of the standard moves to make the shares more affordable for the general public, and hence more attractive for trading, since their price is lower. In the great majority of cases, such operations result in a greater number of participants in the market and a greater volume of transactions in the counter. Kotak Mahindra Bank, in its document, has informed that for the time being, it is a matter of waiting and is looking forward to updating after the board meeting.

Snapshot of Stock Performance

During different time periods, the stock has shown a fairly diverse range of trends. Shares of Kotak Mahindra Bank were quoting at ₹2,104.90 at 10:52 am IST, up by 1.21 per cent over its last close. The stock has also gone up by 18.76 per cent in the last two years and by 7.93 per cent in the last three years. Further, it has rallied by 17.19 per cent in five years and by 209.98 per cent in ten ‍‌‍‍‌‍‌‍‍‌years.

Kotak Mahindra Bank is one of the top private-sector banks in India, having the operational capacity to undertake finance-related activities of any magnitude and nature for both individuals and corporate clients. The company offers banking and non-banking finance services that encompass investment advisory, asset and wealth management, and treasury management, among others. Its stocks trade on both NSE and BSE and are quite liquid. For this reason, any stock split within the bank is considered to be a big market event.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0a7ecaa-06ac-4705-966c-d4aae535d64c.pdf

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