Bajaj Finance has announced that Monday, June 16, 2025, will be the record date for determining shareholder eligibility for its upcoming 1:2 stock split and 4:1 bonus share issue. This news, disclosed through a stock exchange filing, led to a 5% rise in the company’s share price, which closed at ₹ 9,372 on Friday, June 6.
Stock Split and Bonus Share Issue Breakdown
In an earlier filing dated April 29, the board of Bajaj Finance approved the following:
Stock Split: A 1:2 ratio, meaning each existing equity share with a face value of ₹2 will be split into two shares of ₹1 each, fully paid-up.
Bonus Shares: Issuance in a 4:1 ratio, granting four bonus shares of ₹1 each for every one share held post-split.
“The company has fixed Monday, June 16, 2025, as the record date for determining the members eligible for subdivision of equity shares and issue of bonus equity shares.”
Dividend and Financial Performance
Additionally, Bajaj Finance declared a final dividend of ₹44 per share (2,200%) for the financial year 2024–25, with a record date set for May 30.
The company reported a 19% year-on-year rise in consolidated net profit to ₹4,545.6 crore in the March quarter. While net interest income (NII) fell slightly below expectations to ₹9,807.1 crore (against ₹9,880.9 crore estimated), overall growth remained strong.
The company’s Assets Under Management (AUM) rose by 26% YoY to ₹4.17 lakh crore as of March 31, 2025, with ₹18,700 crore added in the quarter, signaling steady demand for credit.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Readers are advised to consult with a certified financial advisor before making any investment decisions. Market investments are subject to risks, and past performance is not indicative of future results.
