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Good news for Bajaj Finance investors! The company has announced a bonus share issue and a stock split, potentially boosting your portfolio value. Here's a breakdown of everything you need to know, including crucial dates and what it means for you.

Bajaj Finance's Generous Rewards: Bonus & Special Dividends

Bajaj Finance Limited has a history of rewarding its shareholders, and this latest announcement continues that trend. Previously, the company declared a final dividend of Rs 44 per share and a special dividend of Rs 12 per share. This demonstrates their commitment to sharing the company's success with those who invest in them.

Bonus Shares: More Shares for You!

Now, let's dive into the bonus share announcement. A bonus share is essentially free shares given to existing shareholders in proportion to their holdings. Bajaj Finance is proposing a bonus share issue, which means if you own shares in the company, you'll receive additional shares without having to pay anything. This is a positive sign, indicating the company's financial health and confidence in future growth. The record date for the bonus share allocation is a critical date to watch – more on that below.

Stock Split: Easier to Trade, More Accessible

Alongside the bonus shares, Bajaj Finance has also announced a stock split. A stock split divides each existing share into multiple shares. For example, a 1:2 stock split means each share you own will be split into two shares. This doesn't change the overall value of your investment, but it makes the shares more affordable and accessible to a wider range of investors. Lower share prices can increase trading volume and liquidity.

Key Dates to Mark in Your Calendar

• Record Date for Bonus Shares: [Insert Record Date Here - *This needs to be filled in with the actual date from Bajaj Finance’s announcement*]. Make sure you hold Bajaj Finance shares in your Demat account on or before this date to be eligible for the bonus shares.
• Record Date for Stock Split: [Insert Record Date Here - *This needs to be filled in with the actual date from Bajaj Finance’s announcement*]. Similar to the bonus share record date, holding shares on or before this date qualifies you for the stock split.

What Does This Mean for Investors?

These announcements from Bajaj Finance are generally viewed positively by the market. The bonus share issue reflects the company's strong financial performance and its willingness to share profits with shareholders. The stock split can further enhance liquidity and make the stock more attractive to retail investors.

Important Disclaimer

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions. Always refer to the official Bajaj Finance announcements for the most accurate and up-to-date information.

Stay Informed

Keep an eye on Bajaj Finance’s official website and investor relations pages for any updates or changes to these plans. Understanding these key dates and developments can help you make informed decisions about your investments.