Kotak Mahindra Bank is splitting each of its shares five ways, and the change starts on January 14, 2026. If you own the stock, here’s what you should know.
What is the 5-for-1 stock split?
The bank will turn one share with a face value of Rs 5 into five shares with a face value of Rs 1 each. The total value of your holding doesn’t change right away; only the number of shares and the price per share are adjusted.
How the split changes your holdings
- Share count: Multiply the number of shares you own by five.
- Share price: The market price should drop to roughly one‑fifth of the pre‑split price.
- Overall value: Remains the same immediately after the split.
Example: If you had 50 shares priced at Rs 1,800 each, after the split you would have 250 shares priced around Rs 360 each. The total value stays about Rs 90,000.
Key dates to remember
- Record date: Wednesday, January 14, 2026 – shareholders on this date will receive the new shares.
- Ex‑split date: Also January 14, 2026 – the share will start trading at the lower price from this day.
- Last day to buy: End of trading today if you want to be eligible for the split.
New senior director appointment
The bank has named Anup Kumar Saha as Whole‑time Director (Designate). He will join the senior team from January 12, 2026, pending regulatory approval. Saha brings experience from Bajaj Finance and ICICI Bank, focusing on consumer banking, marketing, and data analytics.
What this means for you
The split makes the shares more affordable on a per‑share basis, which could attract more retail investors. Your investment value stays the same, but you’ll hold more shares that can be traded more easily.
Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before making any decisions.