Kotak Mahindra Bank (KOTAKBANK) — Corporate Action

Kotak Mahindra Bank seeks shareholder approval for a 1:5 equity share sub-division, converting 198.88 crore shares (face value Rs. 5) into 994.38 crore shares (face value Re. 1 each) to enhance retail accessibility. The bank also proposes increasing authorized equity capital to Rs. 1,400 crore and approving Rs. 55 lakh annual remuneration for Chairman C S Rajan (effective January 1, 2026). E-voting runs November 27 to December 26, 2025, with results by December 30, 2025.

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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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🔥 Also filed on 25 November 2025

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

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