Bajaj Finance Ltd. has announced that its Board of Directors will convene on April 29, 2025, to deliberate on several key financial proposals, including a stock split, bonus share issue, and an interim dividend for the financial year 2024–25. These considerations are in addition to the approval of the company’s financial results for the quarter and year ending March 31, 2025. Business News Today
In a regulatory filing, Bajaj Finance stated that the board meeting will address the following proposals:
- Declaration of a special (interim) dividend for FY2024–25.
- Sub-division (stock split) of existing equity shares with a face value of ₹2 each, subject to shareholder approval.
- Issuance of bonus shares, also subject to shareholder approval. Business News Today+6Business News Today+6Business News Today+6Business News Today+1Business News Today+1
These corporate actions aim to enhance shareholder value and improve the liquidity of Bajaj Finance’s stock in the market. A stock split would reduce the share price, making it more accessible to a broader range of investors, while a bonus issue would increase the number of shares held by existing shareholders without additional cost.Business News Today
As of April 24, 2025, Bajaj Finance shares were trading at ₹9,370 apiece, reflecting a 0.5% increase. The stock has delivered over 35% year-to-date returns in 2025, adding more than ₹1.5 lakh crore to investor wealth. The company’s market capitalization is approaching ₹6 lakh crore, following a recent 52-week high of ₹9,660. Business News Today+2Business News Today+2Business News Today+2
Source (full link):
https://www.moneycontrol.com/news/business/stocks/bajaj-finance-shares-in-focus-as-firm-to-consider-stock-split-bonus-issue-and-interim-dividend-on-april-29-13002853.html
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