21 Nov 2025 | 3 Mins Read

Kotak Mahindra Bank gets 1:5 stock split approval

Flipitmoney

Kotak Mahindra Bank's board has approved a 1:5 share split, dividing existing Rs 5 shares into five shares of Rs 1 each. The move aims to make shares more affordable and enhance liquidity by encouraging retail investors. The record date is to be announced and a related capital clause amendment has been approved to effect the change.