Bajaj Finance Set to Unveil Bonus, Dividend, and Stock Split Plans in Board Meeting Today
In a significant development, Bajaj Finance is all set to issue bonus shares for the first time in nine years, marking a major milestone for the company. The last time the company issued bonus shares was in 2016, when it offered one bonus share for every one share held by its shareholders. Today's board meeting is expected to consider multiple proposals, including the issuance of bonus shares, dividend payouts, and a potential stock split. This move is likely to have a significant impact on the company's stock price and investor sentiment. With the Indian stock market witnessing a surge in recent times, Bajaj Finance's decision to issue bonus shares is seen as a positive move, boosting investor confidence and potentially leading to increased stock trading activity. As the company navigates this critical phase, investors will be keenly watching the developments, with key terms like 'stock split', 'bonus shares', and 'dividend payout' likely to dominate the financial news landscape.
