Kotak Mahindra Bank (KOTAKBANK) — Board Meeting

Kotak Mahindra Bank's board approved a 1:5 stock split on its 40th foundation day, subdividing each equity share of ₹5 face value into 5 shares of ₹1 face value each. The move aims to improve affordability and retail participation while enhancing liquidity. The split requires regulatory approval from RBI and shareholders, expected within two months of clearance.

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About Kotak Mahindra Bank Limited (KOTAKBANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹3,84,977.93 Cr P/E: 20.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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