Bajaj Finserv Limited allots 796,407,730 bonus equity shares

The Allotment Committee of Bajaj Finserv Limited has approved allotment of 796,407,730 equity shares of Rs. 1/- each as fully paid-up Bonus shares at its meeting held on 15 September 2022.

The shares are allotted in the ratio 1:1 i.e., 1 (one) equity share of Rs. 1/- each for every 1 (one) equity share of Rs. 1/- each held by eligible shareholders whose name appear in the Register of members of the Company as on Wednesday, 14 September 2022, i.e., the Record Date fixed for this purpose.

Accordingly, the paid-up share capital of the Company has increased from 796,407,730 equity shares of Rs. 1/- each, amounting to Rs. 796,407,730/- to 1,592,815,460 equity shares of Rs. 1 /- each amounting to Rs. 1,592,815,460/-

The bonus equity shares as allotted above shall rank pari-passu in all respects with the existing fully paid-up equity shares of the Company.

Source : Equity Bulls

Keywords

BajajFinserv BonusIssue SharesAllotment 1For1