
Kotak Mahindra Bank said its board of directors will meet on November 21, 2025, to consider a stock split of its equity shares. The information was shared through a filing with the stock exchanges under Regulation 29(1) of SEBI’s Listing Obligations and Disclosure Requirements.
The board will discuss the sub-division of the bank’s equity shares with a face value of ₹5 each, fully paid-up. The specific ratio and structure of the split will be finalised by the board. The move, if approved, would be the first stock split by the private lender in 15 years.
Kotak Mahindra Bank last undertook a stock split in September 2010, when the face value of its shares was reduced from ₹10 to ₹5 in a 2:1 ratio. A stock split increases the number of shares available while reducing the face value per share, without changing the total investment value for shareholders.
In Q2FY26, the bank reported a consolidated net profit of ₹4,468 crore, down 11.4% year-on-year from ₹5,044 crore in the same quarter last year. On a standalone basis, profit declined 3% YoY to ₹3,253 crore due to higher provisions and slower growth in income.
Consolidated income dropped to ₹24,901 crore in Q2FY26 from ₹26,880 crore a year ago. Net interest income rose 4% YoY to ₹7,311 crore, supported by a 16% rise in advances to ₹4.63 lakh crore. However, the net interest margin slipped to 4.54%, compared with 4.91% in the year-ago period.
Gross non-performing assets improved to 1.39% as of September 2025, down from 1.48% in June. Net NPAs declined to 0.32% from 0.43% a year earlier. On Friday, November 14, 2025.
On November 14, Kotak Mahindra Bank share price closed at ₹2,082.80, a 0.37% increase from the previous closing price.
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Kotak Mahindra Bank will finalise its decision on the proposed stock split during the board meeting on November 21, 2025. The outcome will determine the revised structure of the bank’s equity shares.
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Published on: Nov 15, 2025, 1:19 PM IST

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