Bajaj Finance , a leading financial services company in India, has made a significant announcement that is set to impact its shareholding structure. The company has approved two major corporate actions: a bonus issue and a stock split, which will effectively increase the number of shares held by investors.

Bonus Issue and Stock Split Details

Bajaj Finance has greenlit a 4:1 bonus issue, which means shareholders will receive four additional shares for every one share they currently hold. Alongside this, the company has also approved a 1:2 stock split, where each existing share will be divided into two shares.

The combined effect of these actions is substantial: for every 10 shares an investor currently owns, they will end up with 100 shares after both corporate actions are implemented. This represents a tenfold increase in the number of shares without any change to the overall value of an investor's holding.

Key Dates for Shareholders

Investors should mark their calendars for the following important dates:

Shareholders who own Bajaj Finance shares on the record date of June 16 will be eligible for both the bonus issue and the stock split. The changes will be reflected in investors' Demat accounts by June 27.

Implications for Investors and the Market

These corporate actions are designed to achieve several objectives:

1. Increased Affordability: By increasing the number of shares and consequently reducing the price per share, Bajaj Finance aims to make its stock more affordable for a broader range of investors.

2. Enhanced Liquidity: A larger number of outstanding shares typically leads to improved liquidity in the stock market, potentially benefiting both the company and its shareholders.

3. Unchanged Investment Value: It's important to note that while the number of shares will increase, the total value of an investor's holding remains unchanged. The price per share will adjust proportionately to reflect the increase in share count.

This move by Bajaj Finance demonstrates the company's focus on improving stock accessibility and market liquidity. As the implementation date approaches, investors and market watchers will be keen to observe how these changes impact trading patterns and overall market sentiment towards Bajaj Finance stock.

Shareholders are advised to consult with their financial advisors to understand the implications of these corporate actions on their individual investment portfolios.

Bajaj Finance , one of India's leading non-banking financial companies (NBFCs), has announced significant changes to its deposit rate structure, marking its third reduction since early 2025. Additionally, important dates for the company's bonus issue and stock split have been announced.

Key Changes in Deposit Rates

• Overall Rate Cut: Bajaj Finance has implemented a substantial 60 basis points reduction in deposit rates.
• Senior Citizen Benefits: The special rate for senior citizens has been trimmed from 50 basis points to 35 basis points above the standard rate.
• Discontinued Tenures: The company has discontinued its special 18-month and 33-month deposit tenures.
• Maximum Interest Rate: The highest interest rate now offered by Bajaj Finance stands at 6.95% for deposits with tenures ranging from 24 to 60 months.

Impact on Depositors

These changes are likely to affect both regular depositors and senior citizens who rely on fixed deposits for steady returns. The reduction in deposit rates could potentially lead investors to explore alternative investment options in search of higher yields.

Market Context

The decision by Bajaj Finance to reduce deposit rates comes amidst a changing interest rate environment. This move may reflect broader market trends and the company's strategy to manage its cost of funds.

Investors and depositors are advised to review their investment portfolios in light of these changes and consider consulting with financial advisors to optimize their savings and investment strategies.

Bonus Issue and Stock Split

In a separate development, Bajaj Finance has announced important dates for its upcoming 4:1 bonus issue and 1:2 stock split:

• Last Day to Buy: June 13 is the final day to purchase Bajaj Finance shares to qualify for the bonus issue and stock split.
• Record Date: The record date is set for June 16.
• Eligibility: Due to T+1 settlement, shareholders must hold shares by June 13 to be eligible for the corporate actions.

Investors interested in participating in the bonus issue and stock split should take note of these crucial dates and act accordingly.