Bajaj Finance Limited has informed the Exchange about Clarification on significant increase in volume
BAJFINANCE · price
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Awaiting price reaction for this filing.
Bajaj Finance clarified to the exchanges that the recent spike in its stock trading volume is due to two corporate actions that took effect. First, a stock split where each ₹2 face value share was sub-divided into two ₹1 face value shares. Second, a bonus share issue at a 4:1 ratio, meaning four bonus shares for every one share held. Both were approved by the Board on 29 April 2025 and by shareholders through postal ballot on 7 June 2025. The record date was 16 June 2025 and the deemed allotment date was 17 June 2025. The company confirmed there is no other undisclosed event behind the volume rise.
The volume increase is purely technical, driven by the split and bonus issue, which increase the number of shares and lower the per-share price. Shareholders who held shares on the record date received 4 additional shares for every share held, plus the split doubled their share count further. The lower per-share price may improve affordability and liquidity for retail investors.