Bajaj Finance Ltd, on Wednesday, April 23rd, announced that its Board of Directors will consider a special interim dividend, a stock split, and a bonus share issue at its upcoming meeting on April 29, 2025.
In a regulatory filing to the BSE, the company said that, in continuation of its earlier intimation dated April 5, the Board will take up additional items, including the declaration of a special (interim) dividend for the financial year 2024-25.
The Board will also consider a proposal to sub-divide (split) the company’s equity shares with a face value of ₹2 each, subject to shareholder approval. In addition, it will evaluate a proposal to issue bonus shares, also contingent upon shareholder approval.
Both proposals—stock split and bonus issue—will be undertaken in accordance with the applicable provisions of the Companies Act, 2013 and the relevant SEBI regulations.
