Kotak Mahindra Bank 5:1 Stock Split: What Shareholders Need to Know Before the Ex Date

Investors looking to take advantage of Kotak Mahindra Bank’s upcoming 5:1 stock split should make sure to buy the stock before the close of trading today. The bank has set Wednesday, January 14, 2026 as the record date for determining the list of eligible shareholders entitled to receive the split shares.As part of this corporate action, Kotak Mahindra Bank will sub-divide one existing equity share of face value of Rs 5 into five shares of face value of Rs 1 each.

The shares will trade ex-split from January 14. This move effectively increases the number of shares in circulation while reducing the par value per share, without changing the overall investment value for shareholders.According to data from Trendlyne, this is the second time that Kotak Mahindra Bank has conducted a stock split. The previous demerger took place in September 2010, when the face value was revised from Rs 10 to Rs 5.

What does it mean for shareholders?

For a shareholder who owned 50 shares of Kotak Mahindra Bank before the share split, the 5:1 split means that each of his existing shares of face value of Rs 5 will be converted into five shares of 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 total value of their investment will remain the same immediately after the split as 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 after the split, so that the total value of the 250 shares is equal to that of the original 50 shares.

Changes in the management of Kotak Bank

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

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

Anup was most recently Managing Director at Bajaj Finance, where he played a pivotal role in transforming the company into one of India’s leading and most profitable consumer finance NBFCs. Previously, he spent 14 years at ICICI Bank in senior positions, where he gained 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, strengthening the bank’s focus on customer-centric strategies and digital growth. Welcoming him to the board, Kotak Mahindra Bank Chairman CS Rajan 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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