Kotak Bank has set January 14, 2026, as the record date for its 5:1 stock split, making today the final opportunity for investors to purchase shares and qualify for the split benefit. The private sector lender announced this stock subdivision in December, which will significantly impact shareholding structure.

Stock Split Details

The bank announced a 5-for-1 stock split, also known as subdivision of equity shares, where one existing equity share will be divided into five shares. This corporate action reduces the face value per share while proportionally increasing the number of shares held by investors.

Q3 Business Performance

Kotak Mahindra Bank released its Q3 business update on January 5, showcasing robust growth across key metrics. The bank demonstrated strong lending growth and deposit mobilization despite challenging market conditions.

On a quarter-on-quarter basis, net advances increased 3.8% from ₹4,62,688 crore as of September 30, 2025, while CASA deposits remained largely flat sequentially.

Share Price Performance and Target

Kotak Mahindra Bank shares closed at ₹2,132.00 on Tuesday, registering a marginal gain of 0.061%. However, the stock has declined approximately 2.26% over the past 30 trading sessions, reflecting recent market volatility.

Motilal Oswal Financial Services maintains a BUY rating on the stock with a target price of ₹2,500 per share. The brokerage expects the bank to deliver strong return ratios over the medium term, projecting Return on Assets at 2% and Return on Equity at 12.7% by FY27E.

The brokerage's optimistic outlook is based on the bank's expected ability to deliver robust return ratios and maintain strong operational performance across its diversified business segments.

Kotak Bank has scheduled its board meeting to announce third quarter results for the financial year 2026 and consider fundraising plans. The private sector lender made this announcement through an exchange filing on Tuesday, January 13.

Board Meeting Schedule

The bank's board will convene over two days to address key corporate matters:

Key Agenda Items

The board meeting will focus on two primary objectives during the Saturday session. The directors will consider and approve the bank's financial results for the December quarter, marking the third quarter of the financial year 2026. Additionally, the board will pass a resolution concerning the bank's fundraising plans.

Both the quarterly results approval and fundraising resolution are scheduled to be addressed on Saturday, January 24. The bank has confirmed that these items will be the main focus of the weekend session.

Corporate Governance

The announcement follows standard corporate governance practices, with the bank providing advance notice to stakeholders about the board meeting schedule. The exchange filing ensures transparency and allows investors and market participants to prepare for the upcoming financial disclosure.

The December quarter results will provide insights into the bank's performance during the third quarter of the current financial year. The fundraising resolution indicates the bank's strategic planning for capital requirements and growth initiatives.