Bajaj Finance Share Price: NBFC’s Shares Trade Higher After Adjusting For Stock Split On Record Date

Bajaj Finance Share Price Today: Shares of Bajaj Finance traded ex-bonus and ex-split on June 16 on the NSE. The stock opened nearly 90 per cent lower at Rs Rs 956 per share compared to its closing price of Rs 9,331 apiece on June 13. Notably the price did not decline but adjusted to factor in the stock-split and issue of bonus shares declared by Bajaj Finance. Earlier on April 29 the Bajaj Group company announced that it will issue bonus shares and also conduct a sub-division or stock split.The company announced a bonus issue in the 4:1 ratio and a 1:2 stock split.

The company said in a filing on April 29 that it will issue four bonus shares for every one share held by eligible shareholders. The Non-Banking Finance Company also mentioned in the filing that it divide every equity share with a face value of Rs 2 into two new shares with a face value of Re 1 each. Notably the record date for the stock split and the bonus issue was fixed on Monday June 16. Thus those shareholders who held shares of the NBFC in their demat account on June 13 would be eligible to receive bonus shares. On the other hand investors who buy the stock today will not receive bonus shares.

“This is with reference to our letter dated 29 April 2025, wherein, we had informed about the recommendation of the Board of Directors on the following, subject to the approval of the shareholders,: a) 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; and b) 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,” Bajaj Finance said in an exchange filing.

Eligible shareholders who held at least one share of the NBFC in their demat account will be eligible for availing the stock split and bonus issue. If an investor held one share, as a part of the stock split the share would sub-divide into two shares. Following the subdivision, they would receive four bonus or additional shares for each share held. Resulting in the investor ending up with a total of 10 shares once the bonus issue and stock split are complete.

Bajaj Finance Dividend

Apart from the stock split and the bonus issue the NBFC also mentioned in a filing that it will pay eligible shareholders a final dividend of Rs 44 per share and a special dividend of Rs 12 per share. Taking the total dividend amount to Rs 56 per share for FY 2024-25. The record date for the payment of the dividend was set on May 30. Notably the company is scheduled to pay the dividend on July 28.

At the time of writing shares of Bajaj Finance traded at Rs 938.5 apiece up by 0.54 per cent on the NSE.