Updated 9 June 2025 at 11:42 IST
Bajaj Finance share price rallied sharply in early trade on Monday, June 9, after the company announced the record date for its stock split and bonus share issue.
The stock gained over 4% on both BSE and NSE, continuing its upward momentum from last week.
Bajaj Finance share price today
On the BSE, Bajaj Finance opened at Rs 9,535.25 and surged to an intraday high of Rs 9,785.90. At 11:13 AM, it was trading at Rs 9,769.40, up 396.35 or 4.23%. On the NSE, the stock opened at Rs 9,550.00 and hit a high of Rs 9,788.00, later trading at Rs 9,755.00, up 383.50 or 4.09% at 11:15 AM.
Bajaj Finance Stock Split and Bonus Issue Details
On June 6, Bajaj Finance informed exchanges that the record date for the 1:2 stock split and 4:1 bonus issue is set for Monday, June 16, 2025.
“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,” Bajaj Finance said in its exchange filing.
The stock split will see each Rs 2 equity share split into two fully paid-up shares of Rs 1 each.
Earlier, on April 29, the company’s board had approved the stock split and the issuance of bonus shares. The bonus issue will be in the ratio of 4:1, meaning shareholders will get 4 bonus shares of Rs 1 each for every 1 share of Rs 1 held post the split.
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Bajaj Finance Dividend
In addition to the split and bonus, Bajaj Finance had also declared a final dividend of Rs 44 per share (2,200%) on a face value of Rs 2 for FY25. The record date for the dividend was May 30.
For the March 2025 quarter, Bajaj Finance reported a 19% YoY increase in consolidated net profit, reaching Rs 4,545.6 crore. However, net interest income (NII) stood at Rs 9,807.1 crore, slightly below estimates of Rs 9,880.9 crore.
The company's Assets Under Management (AUM) jumped 26% YoY, touching Rs 4.17 lakh crore as of March 31, 2025. AUM grew by Rs 18,700 crore in Q4 alone, signaling robust demand for credit.
Published 9 June 2025 at 11:42 IST