MoneyWorks4Me

Kotak Mahindra Bank informs about outcome of board meeting

21 Nov 2025 Evaluate
Kotak Mahindra Bank has informed that the Board of Directors of the Bank have, at their meeting held today on the occasion of 40th Foundation Day, on November 21, 2025, considered and approved sub-division (split) of the existing equity shares of the Bank, as follows: Sub-division (split) of 1 (One) existing equity share of the Bank having face value of Rs. 5 (Rupees Five only) each, fully paid-up, into 5 (Five) equity shares of the Bank having face value of Re 1 (Rupee One only) each, fully paid-up. Consequently, the Board of Directors have 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.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 703.10
ICICI Bank 1350.55
Axis Bank 1239.10
Kotak Mahindra Bank 440.35
Indusind Bank 874.25
View more..