Bajaj Finance board to announce special dividend, stock split and bonus issue on April 29
Bajaj Finance has announced that its Board of Directors will consider three major corporate actions at its upcoming meeting scheduled for April 29, 2025. By Markets Desk Published on April 23, 2025, 21:57 IST
Bajaj Finance has announced that its Board of Directors will consider three major corporate actions at its upcoming meeting scheduled for April 29, 2025. These include a special (interim) dividend, a stock split, and a bonus issue proposal, all aimed at enhancing shareholder value and improving stock liquidity.
In a regulatory filing to the exchanges under Regulation 29(1) of the SEBI Listing Obligations and Disclosure Requirements, the company stated: The board will consider a special interim dividend for the financial year 2024–25. Subject to shareholder approval, the board will also deliberate on: Sub-division (split) of equity shares of face value ₹2 each, in accordance with the Companies Act and SEBI Listing Regulations.
Issue of bonus shares, as per applicable provisions of the Companies Act, 2013, and SEBI (ICDR) Regulations, 2018.
These proposals come in addition to the already scheduled discussion on the company's financial results for Q4FY25 and the full financial year, as previously announced on April 5, 2025.
If approved, the stock split and bonus issue could enhance retail investor participation by lowering the stock's trading price and increasing the number of shares available in the market.
Disclaimer: This article is based on corporate filings. Please consult with a financial advisor before making any investment decisions.
Markets Desk at BusinessUpturn.com
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