Shares of Kotak Mahindra Bank are in focus today after the board announced a record date for stock split ."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, " said the lender. Kotak Mahindra Bank shares ended at Rs 2161.70 on Friday. Market cap of the bank stood at Rs 4.30 lakh crore. 

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.

Last month, the lender announced that its board has approved a proposal to split its equity shares in the ratio of 1:5. This was the first stock split in 15 years. This means investors will get five shares of Kotak Bank for every one share held by them on the record date.

India’s third-largest private bank said in an exchange filing on November 21 that every existing share held by investors as on the record date will be subdivided into five shares. 

"As announced earlier, the sub-division of equity shares will be made as under: Sub-division (split) of 1 (One) existing equity share of the Bank having face value of Rs. 5/- (Rupees Five only) each, fully paid-up, into 5 (Five) equity shares of the Bank having face value of Re. 1/- (Rupee One only) each, fully paid-up," the bank said.