Announcements

Bajaj Finserv has announced the following corporate actions with record date of 14th September 2022 for both:

A stock split in the ratio 5:1

What’s the impact of these corporate actions on existing shareholders of Bajaj Finserv?Impact of stock split: If you hold Bajaj Finserv shares as on 14th September 2022 (which is the record date) your existing shares will be split in the ratio 5:1. In other words, for every 1 share you hold of Bajaj Finserv you’ll now have 5 new shares in your Demat account.** Impact of bonus shares:**

The stock split will happen first and then the bonus shares will be distributed. This means if you hold 1 share of Bajaj Finserv as on record date, then as per the stock split ratio of 5:1 you will have 5 shares. Post this, as per the 1:1 bonus ratio, you will receive 5 bonus shares for the 5 shares you hold.

When a stock split happens, you can view new holdings only after the [ISIN](https://upstox.com/glossary/isin/) (International Securities Identification Number) is updated

The average price / P&L is not shown when a corporate action takes place, while we work on  updating this, kindly calculate the average price manually by following steps here: How is the average price calculated for Delivery positions ?

- You can refer to the ledger report to check the price of the shares: [What is Ledger report and how do I access it?](https://help.upstox.com/support/solutions/articles/248670-what-is-ledger-report-and-how-do-i-access-it-)  

Bonus shares will be credited to your Demat account on the day of allotment under temporary [ISIN](https://upstox.com/glossary/isin/) and will NOT be available for trading/holding until the stocks with the updated ISIN are listed on the Exchange.