Bajaj Finance share price gains 2% on fixing record date for 1:2 stock split, 4:1 bonus issue
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Bajaj Finance share price gains 4% on fixing record date for 1:2 stock split, 4:1 bonus issue
Bajaj Finance share price surged as much as 3.68 per cent in Monday trading session. The company fixed the record date for 1:2 stock split, 4:1 bonus issue. The record date to identify shareholders eligible for both the stock split and bonus shares has been set for Monday, June 16. At 10:40 am, the Bajaj finance shares were trading at ₹9,739 apiece on National Stock Exchange (NSE), as compared to previous close of � 9,371.50 on Friday last week. The shares rose 5% on Friday, closing at ⁹9,.372 each on the NSE. In a separate exchange filing on April 29, the company announced that its board has approved a 2:1 stock split. As a result, each existing share with a face value of $2 will be divided into two fully paid-up equity shares.
At 10:40 am, the Bajaj Finance shares were trading at ₹9,739 apiece on National Stock Exchange (NSE), as compared to previous close of ₹9,371.50 on Friday last week.
Bajaj Finance stock split and bonus issue details On June 6, Bajaj Finance announced the record date for its upcoming 1:2 stock split and 4:1 bonus share issuance. The company’s shares rose 5% on Friday, closing at ₹9,372 each.
As per the exchange filing, the record date to identify shareholders eligible for both the stock split and bonus shares has been set for Monday, June 16.
“We wish to inform you that the Company has fixed Monday, 16 June 2025 as the ‘Record Date’ for the purpose of determining the members, eligible for the sub-division of existing equity shares and issue of bonus equity shares of the Company,” the company said in the filing.
In a separate exchange filing on April 29, the company announced that its board has approved a 2:1 stock split. As a result, each existing share with a face value of ₹2 will be divided into two fully paid-up equity shares, each with a face value of ₹1.
“Sub-division of 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 company said in the filing.
Bajaj Group company has also declared a bonus share issue in a 4:1 ratio, meaning that eligible shareholders will receive 4 bonus equity shares (each with a face value of Re 1) for every 1 fully paid-up equity share they currently own, also valued at Re 1.
“ Issue of bonus equity shares in the ratio of 4:1 i.e., 4 (Four) bonus equity shares of face value Re. 1 (Rupee One) each for every 1 (one) equity share of face value Re. 1 (Rupee One) each fully paid up,” it added.
The company declared a final dividend of ₹44 per share (2,200%) on a face value of ₹2 each for the financial year 2024–25, with May 30 marked as the record date.
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In the March quarter, its consolidated net profit rose 19% year-on-year to ₹4,545.6 crore. However, net interest income (NII) came in slightly below estimates at ₹9,807.1 crore, compared to the anticipated ₹9,880.9 crore.
The company’s Assets Under Management (AUM) increased by 26% year-on-year, reaching ₹4.17 lakh crore as of March 31, 2025. A ₹18,700 crore addition during the quarter reflects sustained credit demand.