Therefore, today, June 13, becomes the last day for investors to purchase shares of Bajaj Finance to be eligible for the stock split and the bonus issue. Only shareholders whose names appear in the company’s records as of the record date will receive the benefit of the subdivided shares.
The record date is the cut-off date to determine which shareholders are entitled to receive the corporate benefit. Shareholders who hold Bajaj Finance shares as of the end of the trading day on June 13, 2025, will be eligible for the split.
Here are the exact details of the corporate actions taking place:
Stock Split:
Bajaj Finance is splitting each existing share with a face value of Rs 2 into two shares of Rs 1 each. This will double the number of your shares, although each share will have half the face value. The market price is anticipated to adjust accordingly.
Bonus Issue:
In addition to the stock split, the company is also announcing a 4:1 bonus issue, meaning shareholders will receive four additional shares for every one share they currently hold.
Also read: Bajaj Finance bonus, split issue: How F&O contracts will get adjusted
What it means for investors?
Let’s say you own 50 shares of Bajaj Finance, here’s how the split and bonus issue will affect your holdings:
First, you’ll receive 200 bonus shares (4 bonus shares for every 1 share you own), increasing your total to 250 shares (50 original shares + 200 bonus shares). Following this, all 250 shares will undergo a stock split, with each share being divided into two.
As a result, you’ll end up with 500 shares in total.
While the number of shares you hold will increase, it’s important to remember that the overall value of your investment remains unchanged. This is because the price per share adjusts proportionally to the stock split and bonus issue.
Therefore, despite holding more shares, the total value of your holdings remains the same.
Around 11:50 am today, shares of Bajaj Finance were trading 1.16% lower at Rs 9,255.85 on the BSE.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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