Bajaj Finance sets June 16, 2025 as record date for stock split and 4:1 bonus issue. Learn what this means for shareholders and how it may impact the stock price.
π’ Big News from Bajaj Finance Ltd: Stock Split + 4:1 Bonus Issue Announced
One of India’s most prominent NBFCs, Bajaj Finance Ltd. (NSE: BAJFINANCE), has made a major announcement that could reshape its stock’s future trajectory ππ
π Record Date Finalized
ποΈ Record Date: June 16, 2025
Shareholders on record by this date will be eligible for both the stock split and the bonus issue.
π§Ύ Key Corporate Actions
πΉ 1. Stock Split
Old Face Value: βΉ2
New Face Value: βΉ1
β Result: Every 1 share will be split into 2 shares
π 2. Bonus Issue
Ratio: 4 bonus shares for every 1 share held (post-split)
β Effective Ratio (pre-split): 8 bonus shares per original 1 share (due to 2x split first)
π What Does It Mean for Shareholders?
πΉ More Shares in Hand: Investors holding 1 share pre-split will own 10 shares post-bonus (1 β 2 via split, then 2 β 10 via 4:1 bonus)
π° No Additional Investment Required: Bonus shares are free of cost
π Share Price Adjustment: The stock price will adjust proportionally downward, but the total investment value remains the same
π§² Increased Liquidity: More affordable share price may attract retail investors