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Kotak Mahindra Bank Limited has announced a sub-division (split) of its existing equity shares. Each equity share with a face value of ₹5 will be split into 5 equity shares of face value ₹1 each. This decision was approved by the Bank's Board of Directors on November 21, 2025, and is subject to shareholder and regulatory approvals, including from the Reserve Bank of India.

The Bank has fixed Wednesday, January 14, 2026, as the 'Record Date' to determine the shareholders whose equity shares will be sub-divided. Shareholders holding shares in physical form have been informed that the sub-divided shares will be issued and maintained exclusively in dematerialised form in a separate Demat Suspense Escrow Pool Account, as per SEBI regulations.

Shareholders with physical shareholdings are urged to convert them into dematerialised form before the Record Date to ensure direct credit of the split shares. The Bank has sent communications to these shareholders, and a specimen of this communication is attached. The announcement also mentions that shareholders holding securities in physical form are required to mandatorily update their PAN, contact details, and bank account details as per SEBI circular SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/91 dated June 23, 2025. The Bank's website will also host this intimation.