Two major companies are set to implement stock splits this week, marking significant corporate actions designed to enhance share liquidity and broaden retail investor participation. Kotak Mahindra Bank and Ajmera Realty have announced their respective stock split schedules for mid-January.

Stock Split Schedule

The corporate actions are scheduled across two consecutive days, with both companies implementing identical split ratios.

Corporate Action Details

Kotak Mahindra Bank will execute its 5-for-1 stock split on January 14, meaning shareholders will receive five shares for every one share held. This corporate action will reduce the individual share price proportionally while maintaining the total investment value for existing shareholders.

Ajmera Realty will follow with an identical 5-for-1 split on January 15. The real estate company's decision to implement the same split ratio reflects similar strategic objectives of improving market accessibility.

Market Impact

These stock splits are aimed at improving share liquidity and attracting retail investors by making the shares more affordable on a per-unit basis. The corporate actions will increase the number of shares outstanding while proportionally reducing the price per share, maintaining the overall market capitalization of both companies.

Investors holding shares of either company before the respective ex-dates will be entitled to receive the additional shares as per the 5-for-1 split ratio.

Kotak Bank has set Wednesday, January 14, 2026, as the record date for its upcoming 5:1 stock split, requiring investors to purchase shares by the end of trading today to be eligible for the corporate action. The stock will begin trading ex-split from January 14, 2026.

Stock Split Details

The bank will subdivide one existing equity share having a face value of ₹5.00 into five equity shares having a face value of ₹1.00 each. This corporate action increases the number of shares in circulation while reducing the face value per share, with no change in the overall investment value for shareholders.

According to Trendlyne data, this marks the second time Kotak Mahindra Bank is undertaking a stock split. The previous split occurred in September 2010, when the face value was revised from ₹10.00 to ₹5.00.

Impact on Shareholders

For shareholders, the 5:1 split means each existing share with face value of ₹5.00 will convert into five shares with face value of ₹1.00. A shareholder holding 50 shares before the split will see their holdings increase to 250 shares post-split.

The overall investment value remains unchanged immediately after the split, as the market price adjusts proportionally to reflect the increased number of shares.

Leadership Appointment

In a separate development, Kotak Mahindra Bank has appointed Anup Kumar Saha as Whole-time Director, subject to regulatory approvals. Until approvals are secured, Anup will serve as Whole-time Director (Designate) and join the senior management from January 12, 2026.

Anup previously served as Managing Director at Bajaj Finance, where he contributed to the company's transformation into one of India's leading NBFCs in consumer finance. His career includes 14 years at ICICI Bank in senior positions, developing expertise in:

• Consumer banking operations
• Retail finance management
• Analytics and data-driven strategies
• Digital transformation initiatives

At Kotak Mahindra Bank, Anup will oversee Consumer Banking, Marketing, and Data Analytics, supporting the bank's customer-centric strategies and digital growth initiatives. CS Rajan, Chairman of Kotak Mahindra Bank, highlighted that Anup's leadership experience in scaling businesses and driving digital transformation would be valuable as the bank strengthens its market position.