Kotak Bank Limited (KOTAKBANK) board has announced a 5:1 stock split, reducing the face value of its equity shares from 5 to 1. Shareholders will receive five shares for every one share they hold. The record date for this stock split is January 14, 2026. You can check the announcement from the company here.
Stock Split Details
Company: Kotak Bank Limited (KOTAKBANK)
Split Ratio: 5:1
Record Date: January 14, 2026
Ex-Date: January 14, 2026
Eligibility: Shareholders holding or buying shares on or before the cum-date (January 13, 2026)
Credit Timeline: Within 2–3 trading days from the record date (January 14, 2026)
What is a stock split?
A stock split is when a company increases the number of shares by reducing the face value per share.
What does the 5:1 stock split mean for Kotak Bank Limited?
Each share with a face value of 5 will be subdivided into shares with a face value of 1. For every 1 share held, shareholders will receive 5 shares, effectively increasing the number of shares by 5 times.
Example:
Before Split: 100 shares at 2,195 each = 2,19,500
After Split: 500 shares at 439 each = 2,19,500
The overall investment value remains unchanged. Only the share count and price adjust proportionately.
Also, we adjust the OHLC data and charts on Kite for corporate actions like bonuses, stock splits, and rights issues. We’ve explained it here.
Who is eligible to receive the split shares?
Shareholders who hold or purchase shares of Kotak Bank Limited on or before the cum-date (January 13, 2026) will be eligible to receive the split shares. To qualify, the shares must be credited to your demat account by the record date (January 14, 2026).
How long does it take for the split shares to reflect?
When a stock undergoes a split, it takes up to 2–3 working days from the ex-date or record date for the new shares to be credited to the demat account. During this period, the shares may not be visible in your holdings.
The P&L may temporarily show lower profits or higher losses until the updated shares are credited. This will automatically normalize once the holdings are updated.
Can I sell my shares before the split shares are credited?
Yes, you can sell your shares even before the split shares are credited to your demat account. Any shares sold will be adjusted for the stock split, and the remaining entitlement will be credited within 2–3 working days after the record date. There is no impact on your P&L.
What happens if a stock split results in fractional shares?
If a stock split results in fractional shares, these cannot be traded in the market. The company appoints a trustee to buy back the fractional entitlement, and the proceeds are credited to the shareholder’s primary bank account, usually within 45 days.