on Friday announced that its Board of Directors has approved a sub-division of the lender's equity shares in a 1:5 ratio. The decision was taken at the board meeting held on November 21, 2025.

In a regulatory filing, Kotak said the board has cleared the proposal to split one equity share of face value Rs 5 each into five equity shares of face value Re 1 each, fully paid-up. Advertisement

"Consequently, the Board of Directors also approved a proposal to suitably amend the Capital Clause of the Memorandum of Association of the Bank, to give effect to the aforesaid sub-division of equity shares. Both the aforesaid approvals are subject further to the approval/certification of the members, the Reserve Bank of India (RBI) and any other regulatory/statutory authority, as may be required in th

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