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 1 equity shares of Rs. 2 each into 2 equity shares of Re. 1 each.
BAJFINANCE · price
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The Board of Directors of Bajaj Finance Limited, at its meeting held on April 29, 2025, has approved a stock subdivision. Under this proposal, every 1 equity share of Rs. 2 face value will be split into 2 equity shares of Re. 1 face value each. This effectively doubles the number of outstanding shares while halving the per-share price. The record date and effective date for the split are likely to be announced separately. The move makes the stock more affordable and accessible to retail investors.
Stock splits are generally seen as positive sentiment signals and can improve liquidity and retail participation, though they do not change the company's underlying value.