Shareholders who have money in their demat account till one day before the record date Kotak Mahindra Bank will be eligible for stock split. Those who buy shares on the record date will not be eligible for the split, as Indian stock markets trade under T+1 settlement. Investors who buy shares of Kotak Mahindra Bank on the record date, their demat account will be credited with shares on the next day.
Kotak Mahindra Bank Stock Split Record Date: Shares of the giant bank will be divided into so many pieces, record date is 14 January – Market
