Bajaj Finserv sets Sept 14 as record date for stock split, bonus; stk up 5%

In the past three months, Bajaj Finserv has outperformed the market by surging 30 per cent, as compared to 4.5 per cent rise in the S&P BSE Sensex

Shares of Bajaj Finserv surged 5 per cent to Rs 16,850 on the BSE in Tuesday's intra-day trade after the company 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 of Rs 5 into five equity shares of face value of Rs 1 fully paid- up. The board had also approved issue of one bonus equity shares of face