Kotak Mahindra Bank Completes Equity Share Sub-Division from ₹5 to ₹1 Face Value

Kotak Bank has successfully completed the sub-division of its equity shares, transforming each share with a face value of ₹5.00 into five shares with a face value of ₹1.00 each. The bank informed stock exchanges on January 16, 2026, that the sub-divided shares have been credited to shareholders' demat accounts.

Sub-Division Implementation Details

The sub-divided equity shares were credited to shareholders' demat accounts on January 15, 2026. This process applied to all shareholders who held equity shares as on January 14, 2026, which was designated as the record date for the sub-division. The bank had initially received board approval for this corporate action on November 21, 2025, subject to regulatory approvals from the Reserve Bank of India and shareholder confirmation.

New Trading Parameters

The sub-divided shares carry a new International Securities Identification Number (ISIN): INE237A01036. These shares became available for trading on both BSE Limited and National Stock Exchange of India Limited from January 14, 2026, under the new ISIN.

Share Capital Structure Changes

The sub-division significantly altered the bank's share structure while maintaining the same total capital value:

Parameter	Before Sub-Division	After Sub-Division
Authorized Equity Shares	2,800,000,000 shares	14,000,000,000 shares
Face Value per Share	₹5.00	₹1.00
Total Authorized Capital	₹14,000,000,000	₹14,000,000,000
Issued & Paid-up Shares	1,989,098,595 shares	9,945,492,975 shares
Total Paid-up Capital	₹9,945,492,975	₹9,945,492,975

Shareholder Communication

The bank has sent individual letters to all affected shareholders, informing them about the credit of sub-divided shares to their demat accounts. Shareholders have been advised to verify the credited shares in their demat accounts and contact KFin Technologies Limited, the bank's Registrar and Transfer Agent, for any queries or assistance.

Corporate Details

Kotak Mahindra Bank's preference shares remain unaffected by this sub-division, maintaining their face value of ₹5.00 each. The bank's total authorized capital, including both equity and preference shares, stands at ₹19,000,000,000. All relevant information regarding this corporate action has been made available on the bank's investor relations website for stakeholder reference.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.67%	-2.47%	-3.93%	-5.12%	+19.44%	+10.48%

Kotak Mahindra Bank witnessed a significant block trade on the National Stock Exchange (NSE) involving a substantial volume of shares. The transaction represents one of the notable institutional trading activities in the banking sector.

Block Trade Details

The block trade executed on NSE involved specific parameters that highlight the scale of the transaction:

Parameter:	Details
Total Value:	₹29.12 crores
Number of Shares:	686,995 shares
Price per Share:	₹423.90
Exchange:	NSE

Transaction Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders who need to buy or sell substantial quantities of shares without causing significant market disruption. These transactions are conducted outside the regular order book to ensure efficient price discovery and execution.

The execution price of ₹423.90 per share for this block trade provides insight into the institutional demand and supply dynamics for Kotak Mahindra Bank shares. Such large-volume transactions often indicate strategic portfolio adjustments by institutional investors or fund managers.

Market Impact

Block trades serve as important indicators of institutional sentiment and can provide valuable insights into large investor behavior. The substantial value of ₹29.12 crores demonstrates the significant institutional interest in the banking stock, reflecting the bank's position in the financial sector.