Kotak Mahindra Bank has officially fixed Wednesday, January 14, 2026, as the record date for its forthcoming stock split, according to the company's recent exchange filing. This move comes in line with the announcement made earlier regarding the sub-division of its equity shares. Shareholders who hold the bank's shares in their demat accounts as of the close of trading on January 13, 2026 will be eligible for the corporate action.

Stock Split Details

The bank's board has approved the subdivision of equity shares, changing the face value structure significantly. The regulatory filing confirms the split parameters:

The bank stated in its regulatory filing: "We refer to our intimation dated November 21, 2025 in connection with the sub-division of existing equity shares of the Bank and wish to inform you pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 that the Bank has fixed Wednesday, January 14, 2026 as the 'Record Date' to determine the eligible equity shareholders of the Bank whose equity shares will be sub-divided."

Historical Corporate Actions

This upcoming split marks a significant corporate action for Kotak Mahindra Bank, which last undertook a share split more than 15 years ago. The bank has a track record of implementing shareholder-friendly corporate actions, with the current split representing the second such action in the bank's history:

Dividend Track Record

Kotak Mahindra Bank has maintained a consistent dividend payment history, demonstrating strong financial performance over the years:

Market Performance and Analyst Coverage

The bank's shares were trading flat with a negative bias at ₹2,158.70 on the BSE during Monday's session. Despite minor fluctuations, the stock has demonstrated strong performance, gaining nearly 21% year-to-date.

Analyst sentiment remains largely positive, with comprehensive coverage from the investment community:

The new stock split is aimed at enhancing the stock's liquidity and making it more accessible to a wider base of retail investors, while maintaining the bank's market capitalization as the corporate action does not change the underlying business fundamentals.

Kotak Bank has announced an increase in its authorized share capital to ₹1900.00 crore, following approvals from the Reserve Bank of India (RBI) and the bank's shareholders. This corporate action marks an important milestone in the bank's capital structure enhancement strategy.

Regulatory and Shareholder Approvals

The bank has obtained the required regulatory clearance from the RBI, India's central banking authority, which oversees and regulates all banking operations in the country. Additionally, Kotak Bank's shareholders have provided their consent for this capital increase, ensuring compliance with corporate governance requirements.

Capital Structure Enhancement

The increase in authorized share capital represents a strategic move by Kotak Bank to strengthen its financial foundation. The enhanced capital base of ₹1900.00 crore provides the bank with greater financial flexibility and positions it for potential future growth opportunities.

Strategic Implications

This capital enhancement initiative demonstrates the bank's approach to maintaining a robust capital structure. The increased authorized share capital provides Kotak Bank with additional room for potential future equity fundraising activities and supports its long-term strategic objectives. The dual approval mechanism ensures that both regulatory requirements and shareholder interests are addressed throughout this process.

The completion of this corporate action reflects the bank's commitment to maintaining strong capital adequacy ratios and enhancing its overall financial strength in the banking sector.