Bajaj Finance Announces 4:1 Bonus Share Issue, Boosting Shareholder Value
Bajaj Finance's Board of Directors has approved a 4:1 bonus share issue, granting shareholders four additional shares for every one share held at no extra cost. This move will increase the total number of outstanding shares, potentially improving market liquidity. While the number of shares will increase five-fold for existing shareholders, their proportional ownership in the company remains unchanged. This corporate action is seen as a way to reward shareholders and signal confidence in the company's financial position, though it does not directly add to the fundamental value of the company.
16Jun 25
Bajaj Finance Shares Begin Trading Ex-Split and Ex-Bonus
Bajaj Finance has executed a 1:2 stock split, reducing share face value from Rs 2.00 to Rs 1.00, and a 4:1 bonus issue. Shareholders as of June 13 are eligible, with shares trading ex-split and ex-bonus from June 16. This results in a ten-fold increase in share count for existing investors. The move aims to improve liquidity and broaden the investor base.