BSEAnnouncementHighPositive
Announced Tue, 17 Jun, 2025 · 16:29 IST

Allotment of bonus equity shares

Bonus Above 1to1Corporate Actions View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Bajaj Finance Limited has allotted 4,97,14,29,216 (approximately 49.71 crore) bonus equity shares of Re. 1 each to eligible shareholders. The bonus issue is in the ratio of 4:1, meaning shareholders receive 4 new shares for every 1 share they held as on the record date of 16 June 2025. After this allotment, the company's paid-up equity share capital has increased to Rs. 621.43 crore, divided into 621.43 crore equity shares of Re. 1 each. This is a major capital expansion event for one of India's largest non-banking financial companies.

Likely market impact

Shareholders will see their share count increase fivefold (1 share becomes 5 shares), though the share price is expected to adjust downward proportionally, leaving overall investment value unchanged. The 4:1 ratio signals strong confidence from the company in its future growth and is generally viewed positively by the market.