Bajaj Steel Industries bonus share

BAJAJST

565.5

1.15 (-0.20%)
Last updated on 3 Oct, 2025 | 15:29 IST
BUYSELL
Today's High

577.80

Today's Low

565.00

52 Week Low

451.45

52 Week High

988.00

The current prices are delayed, login to your account for live prices

Bajaj Steel Industries Bonus Share Details

Announcement Date

03-Oct-2024

Bonus Ratio

3:1

Record Date

12-Nov-2024

Ex-Bonus Date

12-Nov-2024

Bajaj Steel Industries Bonus History

Bonus DateBonus RatioRecord DataEx-Bonus Date
03-Oct-20243:112-Nov-202412-Nov-2024

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Bajaj Steel Industries FAQs

Bajaj Steel Industries bonus shares will be credited directly to your demat account after the record date of 12-Nov-2024. The credit process typically takes 7-15 working days from the record date. You can track the status of your bonus shares through your Choice Demat account.

To receive Bajaj Steel Industries’s bonus shares, you must be a registered shareholder on the Bonus Share Record Date of 12-Nov-2024.

To qualify:
  • Your name must appear in Bajaj Steel Industries's shareholders' register
  • Shares must be held in your demat account or physical form
  • All shares should be fully paid up
  • Purchase of shares must be completed before the bonus share ex-bonus date of 12-Nov-2024

Bajaj Steel Industries issues bonus shares in the ratio of 3:1. Based on that you will be allocated bonus shares for every share that you hold.
The number of bonus shares you receive mainly depends on the bonus ratio announced by the company.

For example:
  • In a 1:1 bonus ratio, you receive one new share for each share held
  • With a 2:1 ratio, you receive two new shares for each share held
  • For a 1:2 ratio, you receive one new share for every two shares held

Bajaj Steel Industries's share price typically adjusts proportionally after the bonus issue. For instance, if Bajaj Steel Industries's share price is ₹100 and it announces a 1:1 bonus:
  • The theoretical post-bonus price would be ₹50
  • Your total investment value remains unchanged
  • The number of shares in your portfolio doubles
This price adjustment reflects the increased number of shares while maintaining the company's market capitalisation.

The record date for Bajaj Steel Industries bonus shares is 12-Nov-2024