Kotak Mahindra Bank Stock Split Effective Today: Shares Trade Ex-Split, Record Date January 14

• Kotak Mahindra Bank shares began trading on an ex-stock split basis from today, January 14.
• The bank split one share with a face value of ₹5 into five shares with a face value of ₹1 (1:5 ratio).
• Investors holding shares until Tuesday's close are eligible; total share value remains unchanged.
• This marks the second stock split for Kotak Mahindra Bank, following a 2010 split and 2015 bonus issue.
• The bank will announce Q3 results and consider raising funds via NCDs on January 24.

Why It Matters: Kotak Mahindra Bank's 1:5 stock split is effective today, adjusting share prices while maintaining total value.