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  1. Bajaj Finance shares open 3% higher, board to consider stock split, bonus issue on April 29

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Bajaj Finance shares open 3% higher, board to consider stock split, bonus issue on April 29

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2 min read | Updated on April 24, 2025, 11:20 IST

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SUMMARY

Bajaj Finance share price is in focus after the company announced that consider a stock split and bonus issue in an upcoming board meeting on April 29. Along with a stock split and a dividend, the company will also announce a special interim dividend. Previously, the company issued a bonus and stock split in 2016.

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Bajaj Finance shares open 3% as board to consider stock split, bonus issue on April 29

Bajaj Finance shares open 3% as board to consider stock split, bonus issue on April 29

Bajaj Finance share price opened 3.1% higher on the NSE at ₹9,620 apiece. The gains are led by overnight announcements of stock split, bonus issue and dividend.

The company announced through an exchange filing that the board will meet on April 29 to consider quarterly results for Q4FY25. In addition, the board will also consider a special interim dividend. Along with the dividend, the board will also consider a stock split of shares with a face value of ₹2 per share and the issue of bonus shares.

The company previously had issued a bonus and stock split in 2016. The company’s shares were split from a face value of ₹10 to ₹2, and issued bonus shares in the ratio 1:1. The shares have gained nearly 800% from the previous bonus issue.

The board will also meet to announce its Q4FY25 results. As per the latest business updates, the company’s asset under management (AUM) has increased by 26% YoY to ₹416,750 crore as compared to ₹330,615 crore in the previous year.

The deposit book for the company also grew by 19% YoY to ₹71,400 crore as of 31st March 2025, as compared to ₹60,151 crore as of FY24.

Bajaj Finance share price has jumped nearly 41% in 2025 on a YTD basis and 32% in one year.

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