Along with its March quarter results, Bajaj Finance had announced the issue of four bonus shares for every one share held as on the record date.
Additionally, Bajaj Finance had also announced that it will be splitting one share of ₹2 each into two shares of ₹1 each.
This means that shareholders who had shares of Bajaj Finance in their portfolio as of Friday’s closing, will be eligible to avail the bonus issue and stock split.
For example, if a shareholder has 10 shares of Bajaj Finance at the close of Friday’s session, he will receive 40 shares as bonus (4 for 1). This takes his tally to 50 shares. Additionally, those 50 shares will then get split into two, taking the tally to 100 shares.
Shares of Bajaj Finance ended little changed on Friday at ₹9,340. The stock has not done much over the last one month, but has been one of the outperformers on the Nifty 50 index so far in 2025. Shares of Bajaj Finance have gained 35% so far on a year-to-date basis.
