Bajaj Finance, a leading non-banking financial company (NBFC) in India, is making headlines with its upcoming board meeting scheduled for April 29, 2025. The company plans to consider several shareholder-friendly proposals, including a stock split, bonus share issuance, and a special interim dividend for the financial year 2024-25.
What’s on the Agenda?
• Stock Split: The board will deliberate on a proposal to subdivide existing equity shares with a face value of ?2 each.
• Bonus Shares: Issuance of additional shares to existing shareholders is also on the table.
• Special Interim Dividend: A one-time dividend payout for FY25 will be considered.
These initiatives aim to enhance shareholder value and make the stock more accessible to a broader investor base.
Market Reaction
Following the announcement, Bajaj Finance shares surged over 4% to hit a 52-week high of ?9,709.75 on the BSE. The stock has shown a robust upward trajectory, gaining 35% year-to-date and delivering a 28% return over the past year.
What This Means for Investors
A stock split and bonus issue can increase liquidity and make shares more affordable, potentially attracting more investors. The special dividend indicates strong financial health and a commitment to rewarding shareholders.
Stay tuned for the board’s decisions on April 29, which could have significant implications for your investment strategy.
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Note: The information provided in these blogs is based on the latest available data as of April 24, 2025. Investors are advised to conduct their own research or consult financial advisors before making investment decisions.