Kotak Mahindra Bank Sets January 14, 2026 Record Date for 1:5 Share Split
Kotak Mahindra Bank has set January 14, 2026 as the record date for its 1:5 equity share subdivision, following successful completion of regulatory approvals and overwhelming shareholder support of 99.99%. The subdivision will convert existing ₹5 face value shares into five Re. 1 shares each, enhancing market accessibility while maintaining market capitalization.

*this image is generated using AI for illustrative purposes only.
Kotak Bank , one of India's leading private sector banks, has successfully completed its 1:5 share split implementation after receiving requisite approvals from the Reserve Bank of India (RBI) and shareholders. The bank announced the formal completion on December 27, 2025, following the overwhelming shareholder approval received through the postal ballot process. In the latest development, the bank has now fixed January 14, 2026 as the record date for determining eligible shareholders for the equity share subdivision.
Record Date Announcement
Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, Kotak Mahindra Bank has set Wednesday, January 14, 2026 as the record date to determine eligible equity shareholders whose shares will be sub-divided. This follows the bank's earlier intimation dated November 21, 2025 regarding the share subdivision process.
| Record Date Details: | Information |
|---|---|
| Record Date: | Wednesday, January 14, 2026 |
| Purpose: | Determine eligible shareholders for share subdivision |
| Regulatory Compliance: | SEBI Regulation 42 |
| Split Ratio: | 1:5 (One ₹5 share becomes Five Re. 1 shares) |
Shareholder Approval Results
The postal ballot process, conducted through remote e-voting from November 27 to December 26, 2025, saw strong participation from shareholders. Mr. Alwyn D'Souza, Practising Company Secretary (Membership No. FCS 5559), served as the scrutinizer for the voting process and submitted his official report on December 26, 2025.
| Resolution Details: | Votes in Favor | Against Votes | Approval Rate |
|---|---|---|---|
| Share Sub-division (1:5) | 17,05,31,09,61 | 6,663 | 99.9996% |
| Capital Clause Alteration | 17,05,28,98,86 | 7,209 | 99.9996% |
| Chairman Remuneration | 17,05,26,31,57 | 34,009 | 99.9980% |
Share Split Implementation Structure
The share subdivision will convert each existing equity share with a face value of ₹5.00 (fully paid-up) into five equity shares with a face value of Re. 1.00 each (fully paid-up). This transformation maintains the same market capitalization while making shares more accessible to retail investors.
| Capital Structure: | Previous | Amended Structure |
|---|---|---|
| Total Authorized Capital: | ₹380.00 crore | ₹1,900.00 crore |
| Equity Shares: | 28.00 crore shares of ₹5 each | 1,400.00 crore shares of Re. 1 each |
| Face Value per Equity Share: | ₹5.00 | Re. 1.00 |
| Paid-up Equity Shares (Post-Split): | 99,43,76,495 shares | To be determined post-record date |
Regulatory Compliance and Documentation
The bank has ensured full compliance with regulatory requirements, including Section 110 of the Companies Act, 2013, and SEBI Listing Regulations. Company Secretary Avan Doomasia has digitally signed the record date intimation, confirming the bank's commitment to transparency and regulatory adherence. The intimation has been hosted on the bank's investor relations website for stakeholder access.
Strategic Market Impact
The completed share split process, combined with the upcoming record date implementation, enhances market accessibility and liquidity by reducing the face value significantly. The overwhelming shareholder support of 99.99% demonstrates strong confidence in the bank's strategic direction. This corporate action is expected to improve trading liquidity and make the stock more affordable for retail investors while maintaining proportional ownership for existing shareholders.
Historical Stock Returns for Kotak Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.03% | -2.66% | -2.02% | -3.96% | +22.68% | +12.04% |
















































