How 50 Bajaj Finance shares will turn into 500 by June 27. Explained

Bajaj Finance has announced a stock split and bonus issue. The stock split ratio is 1:2. The bonus issue ratio stands at 4:1. June 16 is the record date for both corporate actions. Shareholders with shares by June 13 are eligible. The allotment is expected on or before June 27. | Source: The Economic Times
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