Bajaj Finance Ltd has informed that the meeting of the Board of Directors of the Company is scheduled on 29/04/2025 ,inter alia, to consider and approve in continuation to our letter dated 5 April 2025 regarding the Board Meeting intimation for consideration of financial results and dividend, the Board of Directors of the Company, at their meeting scheduled on 29 April 2025, will additionally consider, inter-alia, the following: 1. Special (Interim) Dividend for Financial Year 2024-25. 2. Subject to approval of shareholders: a. Proposal of sub-division/ split of existing equity shares having face value of Rs. 2/- each and b. Proposal for issue of bonus shares.
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Bajaj Finance has informed that its Board of Directors will meet on 29 April 2025 to consider and approve a Special (Interim) Dividend for FY 2024-25, in addition to the financial results and dividend already scheduled. The Board will also consider, subject to shareholder approval, a proposal to sub-divide/split the existing equity shares (current face value of Rs. 2 each) and a proposal to issue bonus shares. This is a continuation of the Board's earlier intimation dated 5 April 2025 regarding financial results and dividend.
The combination of a special interim dividend, potential stock split and bonus issue is strongly shareholder-friendly and typically lifts retail participation and short-term sentiment. Shareholders should watch for confirmed ratios and record dates on 29 April.