SEBI introduces closing auction session to reform equity clo...
17 Jan 2026
Kotak Mahindra Bank has successfully completed the sub-division of its equity shares, transforming each share with a face value of ₹5.00 into five shares with a face value of ₹1.00 each. The bank informed stock exchanges on January 16, 2026, that the sub-divided shares have been credited to shareholders' demat accounts.
The sub-divided equity shares were credited to shareholders' demat accounts on January 15, 2026. This process applied to all shareholders who held equity shares as on January 14, 2026, which was designated as the record date for the sub-division.
The sub-divided shares carry a new International Securities Identification Number (ISIN): INE237A01036. These shares became available for trading on both BSE Limited and National Stock Exchange of India Limited from January 14, 2026, under the new ISIN.
The sub-division significantly altered the bank's share structure while maintaining the same total capital value:
The bank has sent individual letters to all affected shareholders, informing them about the credit of sub-divided shares to their demat accounts. Shareholders have been advised to verify the credited shares in their demat accounts and contact KFin Technologies Limited, the bank's Registrar and Transfer Agent, for any queries or assistance.
Kotak Mahindra Bank's preference shares remain unaffected by this sub-division, maintaining their face value of ₹5.00 each. The bank's total authorized capital, including both equity and preference shares, stands at ₹19,000,000,000. All relevant information regarding this corporate action has been made available on the bank's investor relations website for stakeholder reference.
Kotak Mahindra Bank witnessed a significant block trade on the National Stock Exchange (NSE) involving a substantial volume of shares. The transaction represents one of the notable institutional trading activities in the banking sector.
The block trade executed on NSE involved specific parameters that highlight the scale of the transaction:
Block trades are typically executed by institutional investors, mutual funds, or large stakeholders who need to buy or sell substantial quantities of shares without causing significant market disruption. These transactions are conducted outside the regular order book to ensure efficient price discovery and execution.
Block trades serve as important indicators of institutional sentiment and can provide valuable insights into large investor behavior. The substantial value of ₹29.12 crores demonstrates the significant institutional interest in the banking stock, reflecting the bank's position in the financial sector.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of the largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.
