Kotak Mahindra Bank stock split: Board approves subdivision of shares in 1:5 ratio

It said the board has approved the subdivision (split) of one existing equity share of the bank having a face value of ₹5 each, fully paid-up, into 5 (five) equity shares of the bank having a face value of ₹1 each, fully paid-up.

A 1:5 stock split means that for every 1 share a shareholder currently owns, they will receive five shares after the split.

A stock split increases share count and reduces the share price, but your total investment value and ownership remain unchanged because it is simply a mathematical adjustment.

For example, think of a pizza cut into more slices.

The number of slices increases, but the size of the pizza stays exactly the same.

A stock split works the same way.

Shares of the private sector lender ended 0.58% lower at ₹2,086.50 levels on the NSE on Friday, November 21.

The last time Kotak Bank split its shares was in 2015, when the lender had subdivided the stock in a 2:1 ratio.

Kotak Bank Q2 FY26 earnings

Kotak Mahindra Bank reported a 3% decline in standalone profit to ₹3,253 crore for the second quarter ended September 30, 2025 (Q2 FY26).

The private sector lender had recorded a net profit of ₹3,344 crore in the same quarter a year ago.

The bank's total income increased to ₹16,239 crore during the quarter under review, from ₹15,900 crore in the same period last year, Kotak Mahindra Bank said in a regulatory filing.

The bank earned interest income of ₹13,649 crore during the quarter, compared to ₹13,216 crore in the same period a year ago.

Net Interest Income (NII) improved to ₹7,311 crore, from ₹7,020 crore in the second quarter of the previous year, registering a 4% growth.