Bajaj Finance: Stock Split and Bonus Issue

TL;DR;

Bajaj Finance announces a stock split in the ratio of 1:2, meaning each existing share will be split into two. Additionally, they are issuing a bonus issue in the ratio of 4:1, where for every one share held after the split, investors will receive four extra shares as a bonus. For example, if you had 100 shares originally, after the 1:2 stock split, you would have 200 shares. Then, with the 4:1 bonus issue, you would receive 4 bonus shares for each share, resulting in 200 * 4 = 800 bonus shares, bringing the total to 1,000 shares. Post split & bonus, Bajaj Finance price per share = Rs 900/-