Bajaj Finance to Consider Stock Split, Dividend & Bonus Issue; Shares Rally Then Slip

Bajaj Finance shares have been in the spotlight following the announcement that its board of directors is scheduled to meet on April 29, 2025. The agenda for this crucial meeting includes considering significant proposals aimed at enhancing shareholder value. This announcement led to an increase of 4% in the share price during the opening of the market at ₹9,620, but currently the share price of the company is trading at 0.06% lower at ₹9317.

Agenda for the April 29 Meeting

The board meeting is set to consider and approve the financial results for the fiscal fourth quarter ended March 2025, along with the earnings for the full financial year 2024-2025. In addition to the financial results, the board will also consider a Special (Interim) Dividend for Financial Year 2024-25.

The board will also weigh a proposal for the sub-division or stock split of existing equity shares which currently have a face value of ₹2 each. Alongside the stock split, a proposal for the issue of bonus shares will also be considered. Bajaj Finance previously issued a bonus and stock split in 2016. In that instance, shares were split from a face value of ₹10 to ₹2, accompanied by a 1:1 bonus issue.

Market Performance 

The announcement of these potential corporate actions led to a notable positive reaction in Bajaj Finance's stock price. Following the news, the share price rallied over 4% and hit a 52-week high on Thursday. The stock opened 3.1% higher on the NSE at ₹9,620 apiece. At of 10:55 AM, the stock is trading at ₹9317.00

The stock has gained 4.5% in the past month and over 25% in the last three months. Year-to-date in 2025, the share price has risen by 35%, delivering a 28% return over the past twelve months. Looking further back, the stock has advanced 57% over the last two years and delivered multibagger returns of 329% over a five-year period. As of April 23, Bajaj Finance shares closed at ₹9,323 on the BSE.

The company's latest business updates as of March 31, 2025, show that assets under management (AUM) increased by 26% year-on-year to ₹416,750 crore, compared to ₹330,615 crore in the previous year. The deposit book also grew by 19% year-on-year to ₹71,400 crore, up from ₹60,151 crore in FY24.

The upcoming board meeting on April 29 will be closely watched for the release of the financial results, dividend, stock split, and bonus issue, which could further impact the stock's trajectory and shareholder returns. 

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