Kotak Mahindra Bank to discuss share split proposal at board meeting on November 21, 2025
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Kotak Mahindra Bank (the bank) has notified on the stock exchanges that its Board of Directors will meet on November 21, 2025, to discuss a share split proposal. The information was provided through an official letter submitted to BSE and the National Stock Exchange on November 14, 2025.
In the filing, the bank said the Board will review a proposal to subdivide, or 'split', its equity shares, each with a current face value of ₹5. A share split increases the number of shares by reducing the face value, which often makes the stock more affordable for small investors, according to the filing.
The bank stated, “We wish to inform you pursuant to the provisions of Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, that a meeting of the Board of Directors of the Bank will be held on Friday, November 21, 2025, to, inter alia, consider a proposal for subdivision (split) of the existing equity shares of the Bank having a face value of Rs. 5/- each, fully paid-up, in such manner as may be determined by the Board of Directors.”
Kotak Mahindra Bank mentioned that the exact details of the split—such as the revised face value and the ratio—will be determined by the Board during the meeting scheduled for 21 November. This indicates that although the intention to split has been announced, the final terms are still pending approval, according to the filing with the exchanges.
November 2025
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Today, the Bank’s share price increased gradually but modestly throughout the trading day, closing at ₹2,082.80, up ₹7.60 or 0.37% as of 3:30 pm. The chart shows that the stock opened at ₹2,066 and moved within a narrow range for most of the session, remaining close to the ₹2,070–₹2,075 band.
However, a sharp upward movement in the final hour pushed the price near the day’s high of ₹2,085.50, before closing slightly lower. The move likely came after the bank announced an upcoming board meeting to consider a share split, which may have contributed to late-session buying.