Kotak Mahindra Bank Limited has informed stock exchanges that its Board of Directors will meet on Friday, November 21, 2025, to consider a proposal for a sub-division of its equity shares. Currently, the bank’s shares carry a face value of ₹5 each, fully paid-up, and the final split ratio will be decided during the meeting.
Details of the Proposed Share Split
The board will review a plan to sub-divide the existing equity shares, which, if approved, will:
- Reduce the face value of shares proportionally
- Increase the total number of outstanding shares
- Maintain the overall market capitalisation of the bank
This move is aimed at improving liquidity and making shares more accessible to a broader investor base.
Employee Stock Options (ESOPs)
Separately, Kotak Mahindra Bank’s Nomination and Remuneration Committee granted 14,200 Employee Stock Options on November 18, 2025, under Series 9 of the Kotak Mahindra Equity Option Scheme 2023. Key details include:
- Vesting Schedule: Four equal tranches of 25% each on Nov 30, 2026, Jun 30, 2027, Jun 30, 2028, and Jun 30, 2029
- Exercise Period: Employees can exercise options one year after each vesting date
- Face Value: ₹5 per share
Dividend and Bonus History
- Last bonus issue: July 2015 (1:1 ratio)
- Recent final dividends: ₹2.50 in July 2025, ₹2 in July 2024
The share split proposal is part of the bank’s ongoing efforts to enhance shareholder value and market accessibility.
Disclaimer:
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