Kotak Mahindra Bank 5:1 stock split: What shareholders need to know before ex-date

Investors looking to benefit from Kotak Mahindra Bank’s upcoming 5:1 stock split must ensure they purchase the stock by the end of trading today. The bank has fixed Wednesday, January 14, 2026, as the record date to determine the list of eligible shareholders entitled to receive the split shares.

As part of this corporate action, Kotak Mahindra Bank will be sub-dividing one existing equity share having a face value of Rs 5 into five equity shares having a face value of Rs 1 each.

The stock will begin trading ex-split from January 14. The move effectively 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 is the second time Kotak Mahindra Bank is undertaking a stock split. The previous split took place in September 2010, when the face value was revised from Rs 10 to Rs 5.

What it means for shareholders?

For a shareholder holding 50 shares of Kotak Mahindra Bank before the stock split, the 5:1 split means that each of their existing shares with a face value of Rs 5 will be converted into five shares with a face value of Rs 1.

As a result, the total number of shares in their demat account will increase fivefold, from 50 shares to 250 shares. However, the overall value of their investment remains the same immediately after the split, since the market price of each share will adjust accordingly.

For example, if the stock was trading at Rs 1,800 before the split, it would be expected to trade around Rs 360 post-split, ensuring the total value of the 250 shares equals that of the original 50 shares.

Kotak Bank management changes

In a separate announcement, the bank has also strengthened its senior leadership team with the appointment of Anup Kumar Saha as Whole-time Director, subject to regulatory approvals.

Until such approvals are in place, Anup will act as Whole-time Director (Designate) and will be a part of the senior management from January 12, 2026.

Anup most recently served as Managing Director at Bajaj Finance, where he played a pivotal role in the company’s transformation into one of India’s leading and most profitable NBFCs in the consumer finance space. Prior to that, he spent 14 years at ICICI Bank in senior roles, gaining deep expertise in consumer banking, retail finance, analytics, and digital transformation.

At Kotak, Anup will be responsible for overseeing Consumer Banking, Marketing, and Data Analytics, reinforcing the bank’s focus on customer-centric strategies and digital growth. Welcoming him to the board, CS Rajan, Chairman of Kotak Mahindra Bank, said Anup’s leadership in scaling businesses and driving digital transformation would be invaluable as the bank continues to strengthen its position in the financial sector.

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