1 share becomes 10: Bajaj Finance unleashes bonus bonanza and stock split surprise

1 share becomes 10: Bajaj Finance unleashes bonus bonanza and stock split surprise

On April 29, Bajaj Finance's board of directors approved a stock split in a 1:2 ratio, where each share of face value Rs 2 will be split into two shares of Re 1. Additionally, the company announced a 4:1 bonus issue, granting shareholders four extra shares for every one held after the stock split. | Source: The Economic Times

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