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Bajaj Finserv trades ex-date for 1:5 split, 1:1 bonus; shares rally 6%

The company had fixed September 14, 2022 as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares, and issue of bonus equity shares.

Bajaj Finserv
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Bajaj Finserv

SI Reporter Mumbai
Shares of Bajaj Finserv rallied 6 per cent to Rs 1,821 on the BSE in Tuesday’s intra-day trade after the stock traded ex-date for 1:5 stock split and 1:1 bonus share. The stock adjusted 52-week high now stands at Rs 1,932, recorded on October 19, 2021.

The company had fixed September 14, 2022 as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares, and issue of bonus equity shares of the company.

On July 28, 2022, Bajaj Finserv's board had approved sub-division of existing equity share of face value

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