Bajaj Finance Limited has informed the Exchange that the Board of Directors at its meeting held on April 29, 2025, has considered and approved subdivision of 621428652 equity shares of 2 each into 1242857304 equity shares of 1 each.
BAJFINANCE · price
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The Board of Directors of Bajaj Finance, at its meeting held on April 29, 2025, approved a stock subdivision. Each existing equity share with a face value of ₹2 will be split into 2 equity shares with a face value of ₹1 each. The existing 62.14 crore equity shares will therefore become 124.29 crore equity shares. There is no change in the company's overall market capitalisation, as this only adjusts the denomination and number of outstanding shares. The split is typically aimed at improving liquidity and making the stock more affordable for retail investors.
Existing shareholders will automatically receive 2 shares of ₹1 face value for every 1 share of ₹2 face value held; the share price is expected to adjust proportionally, with no real change in shareholder value but potentially improved trading liquidity and retail participation.