Kotak Mahindra Bank has announced that its Board of Directors will hold a key meeting on 21 November 2025 to deliberate over a proposal for a share subdivision (stock split) of its fully paid-up equity shares, which currently carry a face value of ₹5 each.

Key Highlights

• Kotak Mahindra Bank will review a potential stock split on November 21 to enhance share liquidity.
• The proposal marks the bank’s first stock split in 15 years, aiming to improve retail participation.

If approved, this would mark Kotak’s first stock split in 15 years, the last one having taken place in September 2010 when the face value was reduced from ₹10 to ₹5. The company has stated in its regulatory filing that the exact ratio and structure of the split will be decided by the Board during the meeting.

This corporate action comes at a time when the bank is navigating a challenging financial quarter. In its Q2 FY26 results, Kotak reported a 3% year-on-year decline in standalone net profit, down to around ₹3,253 crore, primarily due to higher provisions. On a consolidated basis, its profit dropped roughly 11% to ₹4,468 crore.

Also Read: SMBC to Sell Rs 6,166 Cr Kotak Bank Shares at 4% Discount

Market watchers believe the proposed stock split could make Kotak’s shares more accessible for retail investors by lowering the trading price per share, potentially increasing liquidity and trading volume. Indeed, in recent trading, Kotak Mahindra Bank's shares have already shown upward momentum, closing at about ₹2,082.80 on the NSE.

The outcome of the Board meeting on November 21 will be closely watched by investors, especially retail shareholders hoping for greater affordability and broader access to the stock.