The board also approved an amendment to the Capital Clause of the memorandum of association of the bank to reflect the revised share structure, post-split.
The move aims to make KMB’s shares more affordable and enhance liquidity, thereby encouraging wider market participation, particularly among retail investors, it said.
Subsequently, the board also approved an amendment to the Capital Clause of the memorandum of association of the bank to reflect the revised share structure, post-split. These approvals are subject to consent from the bank’s members, the Reserve Bank of India), and other applicable regulatory authorities. The process is expected to be completed within two months from receiving all necessary clearances.
Published on November 21, 2025
