Bajaj Finance In Spotlight This Week! Record Date On Monday For 4:1 Bonus Shares & 1:2 Stock Split; Buy/Add?

As it prepares for a significant corporate action that involves a 1:2 stock split and a 4:1 bonus share issuance, Bajaj Finance is in the news this week. These actions will take effect on Monday, June 16, 2025 fixed as the record date. With the stock split, each current equity share with a face value of Rs 2 will be divided into two shares of Rs 1 each, and shareholders would get four extra shares for every one share held under the bonus arrangement. The cumulative impact of a 1:2 stock split and a 4:1 bonus issue will result in an enormous spike in your stake if you are holding 100 shares, for example, of Bajaj Finance as of the record date of June 16, 2025. Each share with a face value of Rs 2 shall first be split into two shares, each worth Rs 1. This implies that upon the split, your 100 shares will become 200 shares. After that, bonus shares will be issued by the corporation in a 4:1 ratio, meaning that for every share you own after the split, you will receive four more shares. As a result, you will receive 800 bonus shares on your 200 post-split shares, increasing your holdings to 1,000 shares.

Bajaj Finance Record Date For 4:1 Bonus Shares & 1:2 Stock Split

"This is with reference to our letter dated 29 April 2025, wherein, we had informed about the recommendation of the Board of Directors on the following, subject to the approval of the shareholders,: a) Sub-division of 1 (one) equity share of face value of Rs. 2 each fully paid-up into 2 (two) equity shares of face value of Re. 1 each fully paid-up; and b) Issue of bonus equity shares in the ratio of 4:1 i.e., 4 (Four) bonus equity shares of face value Re. 1 (Rupee One) each for every 1 (one) equity share of face value Re. 1 (Rupee One) each fully paid up. Pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, we wish to inform you that the Company has fixed Monday, 16 June 2025 as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares and issue of bonus equity shares of the Company," said Bajaj Finance in a stock exchange filing.

Bajaj Finance Upcoming Dividend

"We are pleased to inform you that the Board of Directors of the Company at their meeting held on 29 April 2025, recommended final dividend of Rs 44 per equity share of the face value of Rs 2 each, for the financial year ended 31 March 2025. The dividend, if approved by the shareholders at the ensuing Annual General Meeting ('AGM') scheduled on Thursday, 24 July 2025, will be credited/ dispatched on or about Monday, 28 July 2025, to all those shareholders holding shares in physical and electronic from as on record date i.e., Friday, 30 May 2025," said Bajaj Finance in a regulatory filing.

Bajaj Finance Share Price Target

Hardik Matalia - Derivative Analyst at Choice Broking said, "BAJFINANCE is currently trading around ₹9,360 and remains firmly entrenched in a long-term uptrend, consistently forming higher highs and higher lows on the charts. This classic bullish structure highlights continued strength in the broader trend. While the stock recently witnessed some rejection from higher levels, it has shown encouraging signs of recovery by reversing from immediate support zones, suggesting renewed buying interest at lower levels."

"The ongoing price action indicates that if BAJFINANCE sustains this reversal, it could pave the way for further upside, continuing its upward momentum. The consolidation near current levels reflects a phase of digestion after recent moves, and a decisive breakout above the higher resistance zone will be crucial in confirming the next leg of the rally," the analyst added.

"The Relative Strength Index (RSI) stands at 54.79, which signals a neutral momentum environment. This reading supports the current consolidation phase-neither overbought nor oversold-and aligns with a wait-and-watch approach for momentum traders. Technically, BAJFINANCE has bounced smartly from its short-term and medium-term exponential moving averages and continues to trade comfortably above all key moving averages, reinforcing its overall bullish bias," Hardik Matalia commented.

"Short-term traders are advised to exercise patience and wait for a breakout above the immediate resistance zone before taking fresh positions. A decisive move beyond this level would offer better confirmation and improved risk-reward potential," Hardik Matalia stated.

"Long-term investors can continue to hold their positions confidently as long as the stock trades above ₹8,800. This level serves as a strong support base and trailing stop-loss. As long as BAJFINANCE remains above this key level, the broader bullish structure stays intact, and buying on dips remains a favorable strategy. The current consolidation, if supported by volume and a breakout, could act as a launchpad for further gains in the medium to long term," Hardik Matalia further recommended.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.