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. 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 this regard. The relevant details of sub-division of equity shares in terms of SEBI Circular no. SEBl/HO/CFD/Po02/CIR/P/0155 dated November 11, 2024, are attached herewith as ‘Annexure I’. The Board Meeting today commenced at 2:30 p.m. (IST) and concluded at 3:05 p.m. (IST). This intimation is also being made available on the Bank’s website https://www.kotak.com/en/investor

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