After the business set the record date for the 1:2 stock split and 4:1 bonus issue, the price of Bajaj Finance’s shares jumped by as high as 3.68 percent during Monday’s trading session.
The shares of Bajaj Finance were trading at ₹9,739 each on the National Stock Exchange (NSE) at 10:40 am, down from ₹9,371.50 on Friday of last week.
Details of the Bajaj Finance stock split and bonus issue
The record date for Bajaj Finance’s impending 1:2 stock split and 4:1 bonus share issuance was revealed on June 6. Friday saw a 5% increase in the company’s shares, which ended the day at ₹9,372.
According to the exchange filing, Monday, June 16 has been designated as the record date for determining which shareholders are qualified for both the stock split and bonus shares.
As stated in the filing, “We would like to notify you that the Company has set Monday, June 16, 2025, as the ‘Record Date’ for the purpose of identifying the members who are eligible for the sub-division of existing equity shares and the issuance of bonus equity shares of the Company.”
On April 29, the business said in a separate market filing that a 2:1 stock split had been approved by the board. Consequently, two fully paid-up equity shares with a face value of ₹1 each will be created from each existing share having a face value of ₹2.
The company stated in the filing that it was “subdividing 1 (one) equity share of face value of Rs. 2 each fully paid-up into 2 (two) equity shares of face value of Re. 1 each fully paid-up.”
The Bajaj Group company has also announced a bonus share issuance in a 4:1 ratio, which means that for every fully paid-up equity share that qualified shareholders presently own, they will receive four bonus equity shares, each having a face value of Re 1.
It further said that bonus equity shares would be issued in a 4:1 ratio, meaning that for every one fully paid-up equity share of face value Re. 1 (Rupee One), there would be four bonus equity shares of the same value.
With May 30 as the record date, the firm announced a final dividend of ₹44 per share (2,200%) on a face value of ₹2 apiece for the fiscal year 2024–2025.
Its consolidated net profit increased 19% year over year to ₹4,545.6 crore in the March quarter. Net interest income (NII), on the other hand, was ₹9,807.1 crore, which was somewhat less than the ₹9,880.9 crore that was expected.
As of March 31, 2025, the company’s assets under management (AUM) had grown by 26% year over year to ₹4.17 lakh crore. The quarter’s ₹18,700 crore addition is indicative of the ongoing demand for credit.
