Dear Investors,
We would like to inform you about an important corporate action announced by Bajaj Finance Limited involving both a bonus issue and a stock split. Below are the key details and implications for shareholders.
Corporate Action Details
-
Type of Corporate Action: Bonus Issue & Split
-
Bonus Ratio: 4:1 (Issue of 4 bonus equity shares for every 1 share held
-
Split Ratio: 1 share of ₹2 face value split into 2 shares of ₹1 each
-
Record Date: 16 June 2025
-
Ex-Bonus Date: 16 June 2025
-
Bonus Allotment Date: 17 June 2025 (Tentative, as per exchange notice)
-
Eligibility: Shareholders holding shares of Bajaj Finance Ltd in their demat account as of the record date (16 June 2025)
Impact on Shareholding
| Particulars | Before Corporate Action | After Stock Split (1→2) | After Bonus Issue (4:1) |
|---|---|---|---|
| No. of Shares | 10 shares of ₹2 FV | 20 shares of ₹1 FV | 100 shares of ₹1 FV |
| Market Price (Assumed) | ₹7,000 | ₹3,500 (approx.) | ₹700 (approx.) |
| Total Value | ₹70,000 | ₹70,000 | ₹70,000 |
Note: Post bonus and split, the market price is expected to adjust proportionally. Your total investment value remains unchanged initially.
Credit Timeline
-
The bonus shares are expected to be credited by T+2 days, where T is the record date (16 June 2025).
-
You should be able to see and trade the bonus shares from T+3 day, subject to listing confirmation.
-
A new ISIN for the split shares will be announced separately by the exchange.
If you have any doubts about the corporate action, ask us in the chat.
Happy Investing,
Team 5paisa