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(15 Nov 2025, 12:27)

Kotak Mahindra Bank’s board to mull stock split on 21 Nov’25

Kotak Mahindra Bank announced that its board is scheduled to meet on Friday, 21 November 2025, to consider a proposal for sub-division (split) of its existing fully paid-up equity shares having face value of Rs 5 each.


The official announcement was made on Friday, 14 November 2025, after market hours.

Kotak Mahindra Bank is the flagship company of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance.

Kotak Mahindra Bank’s standalone net profit slipped 2.70% to Rs 3,253.33 crore in Q2 FY26 as against Rs 3,343.72 crore posted in Q2 FY25. However, total income rose 2.12% year on year (YoY) to Rs 16,238.59 crore in Q2 FY26.

The counter rose 0.02% to end at Rs 2075.15 on the BSE.

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