Announced Wed, 15 Jul · 19:22 IST
Brigade Board okays promoter warrants, 1500cr NCDs, Rs 2 dividend
Corporate Actions View source PDF
BRIGADE · price
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Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹561.20
prior close
₹571.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-2.0-2.3-2.5+0.9+0.1+1.3-3.2-5.6-2.8————
Up moveDown movePending
AI summary
Board approved: (1) 34.23 lakh convertible warrants to promoter group entity Mysore Holdings at Rs 526 each, totalling Rs 180.05 crores (about 1% dilution). (2) NCDs up to Rs 1500 crores via private placement. (3) New ESOP 2026 plan for employees. (4) Final dividend of Rs 2 per share; record date August 5, 2026. (5) 31st AGM on August 13, 2026 in Bangalore.
Likely market impact
Promoter warrant issue causes mild dilution for existing holders. Rs 1500 cr NCD raise signals borrowing for growth. Dividend of Rs 2 per share is modest.