Bajaj Finance Allots 4.97 Billion Bonus Shares

Bajaj Finance Ltd. has allotted 4.97 billion fully paid-up bonus equity shares of face value ₹1 each, in the ratio of 4:1, the non-bank finance company told exchanges on Tuesday. Monday was the record date for the bonus issue.

Following the allotment, the company’s paid-up equity share capital stands at 6.21 billion shares of face value ₹1.