Bajaj Finance Shares up 4%; Company Announces Record Date for 1:2 Stock Split, 4:1 Bonus Issue

Bajaj Finance shares soared 4% in today’s trading session after the company announced the record date for 1:2 stock split and 4:1 bonus issue, hitting a 52-week high.

Shares of Bajaj Finance Ltd surged by more than 4.4% to ₹9,785.90. Market capitalisation touched ₹6.1 lakh crore. The stock has gone up by about 10% in the last two trading sessions.

Notably, each share with a face value of ₹2 will be divided into two shares with a face value of ₹1. Shareholders will also receive four additional shares for every share held, thereby increasing the total holdings to ten shares.

As per the exchange filing, the record date to identify shareholders eligible for both the stock split and bonus shares has been set for Monday, June 16.

“We wish to inform you that the Company has fixed Monday, 16 June 2025 as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares and issue of bonus equity shares of the Company,” the company said in the filing.

On April 29, the company gave a go-ahead to a 2:1 stock split.

The company said, “Sub-division of 1 (one) equity share of face value of Rs. 2 each fully paid-up into 2 (two) equity shares of face value of Re. 1 each fully paid-up.”

It added, “Issue of bonus equity shares in the ratio of 4:1 i.e., 4 (Four) bonus equity shares of face value Re. 1 (Rupee One) each for every 1 (one) equity share of face value Re. 1 (Rupee One) each fully paid up.”

The company declared a dividend of ₹44 per share (2,200%) on a face value of ₹2 each for FY25 for which record date has been fixed on May 30.

During the March quarter (Q4FY25), the company reported a net profit of ₹4,545.6 crore, up 19% YoY, however, net interest income (NII) saw a slight dip, coming in at ₹9,807.1 crore — marginally below the expected ₹9,880.9 crore.