Bajaj Finance Announces Stock Split and Bonus Issue

Imagine you own shares of a company called Bajaj Finance.

The company is splitting each share into two, so you'll have more shares, but each will be worth less.

After the split, the company will also give you some extra shares for free, like a bonus!

This is called a bonus issue.

This doesn't change the total value of your shares, just how many you have.

So, if you originally had 10 shares, you'll get 20 shares after the split, and then get an additional 80 shares as a bonus.

Your total value in the company will stay the same.