Mumbai, January 17, 2026: Kotak Mahindra Bank Limited (NSE: KOTAKBANK) has completed the sub-division of its equity shares, with the newly split shares credited to eligible shareholders’ demat accounts on January 15, 2026. The action follows the record date of January 14, 2026.
Under the sub-division, one equity share of face value ₹5 has been split into five equity shares of face value Re. 1 each. Post the credit, the sub-divided shares are available for trading under the ISIN INE237A01036 on the stock exchanges.
Share Capital Before and After the Sub-division
| Particulars | Before Split | After Split |
|---|---|---|
| Authorized Equity Shares (No.) | 2,800,000,000 | 14,000,000,000 |
| Face Value (₹) | 5.00 | 1.00 |
| Authorized Equity Capital (₹) | 14,000,000,000 | 14,000,000,000 |
| Authorized Preference Shares (No.) | 1,000,000,000 | 1,000,000,000 |
| Face Value (₹) | 5.00 | 5.00 |
| Authorized Preference Capital (₹) | 5,000,000,000 | 5,000,000,000 |
| Total Authorized Capital (₹) | 19,000,000,000 | 19,000,000,000 |
Issued, Subscribed and Paid-up Capital
| Particulars | Before Split | After Split |
|---|---|---|
| Equity Shares (No.) | 1,989,098,595 | 9,945,492,975 |
| Face Value (₹) | 5.00 | 1.00 |
| Equity Capital (₹) | 9,945,492,975 | 9,945,492,975 |
| Preference Shares | Nil | Nil |
| Total Paid-up Capital (₹) | 9,945,492,975 | 9,945,492,975 |
What Shareholders Need to Know
- Sub-divided shares were credited to demat accounts on January 15, 2026.
- Trading in the sub-divided equity shares commenced from January 14, 2026 under the new ISIN.
- Shareholders are advised to verify the credit in their demat statements.
About the Company
Kotak Mahindra Bank Limited is a leading private sector bank in India, offering a wide range of banking and financial services across retail banking, corporate banking, capital markets, wealth management, and insurance. The bank is listed on the National Stock Exchange and the Bombay Stock Exchange and serves customers through a nationwide branch and digital network.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.