Bajaj Finance Share Price: Bajaj Finance shareholders were in shock on Monday, June 16, 2025, as some of their demat accounts showed a massive 90 per cent drop in holding value. The shares of Bajaj Finance were down by 89.99 per cent as they started trading at Rs 956 apiece on BSE over Friday's unadjusted closing price of Rs 9,334.15 apiece.
What Does It Mean For Investors?
The sharp decline in the share price is apparently due to some trading apps showing the unadjusted share price of Bajaj Finance after the dual corporate actions. The adjusted price of the stock is Rs 933.40.
Considering the adjusted price, the stock opened with a gain of 2.26 per cent. The counter gained further to touch the intraday high of Rs 957.30. Last seen, it was trading at Rs 939.90.
Two Corporate Actions
Bajaj Finance has announced two corporate actions - ex-split in the ratio of 1:2 and ex-bonus in the ratio of 4:1.
What Is Stock Split?
In a stock split, the company splits already existing shares with smaller face values. The main aim of a stock split is to make shares more accessible to investors.
In this case, the company has announced a 4:1 bonus issue. This means an investor with one share of the company will get four additional shares.
What Is Bonus Issue?
In this case, the company offers free additional shares to existing shareholders without impacting the face value of the stock. In this case, the board has approved a 2:1 stock split. This means that anyone having one share of the company will have two shares post this corporate action.
Both corporate actions increase a company's number of shares but do not change its market capitalisation.
Bajaj Finance has fixed June 16, 2025, as the record date for identifying shareholders' eligibility for this corporate action.
