Brigade Enterprises Limited has informed the Exchange that Board of Directors at its meeting held on May 06, 2026, recommended Final Dividend of Rs. 2 per equity share.
BRIGADE · price
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On the reaction day the stock moved 5.5 pts less than Nifty Smallcap 250 and 5.7 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Brigade Enterprises reported consolidated revenue of Rs 5,69,722 lakhs and profit after tax of Rs 72,476 lakhs for FY2026. The board recommended a final dividend of Rs 2 per equity share (20% on face value of Rs 10), payable after shareholder approval at the AGM. Additionally, the board approved a bonus issue in the ratio of 1:3 (1 bonus share for every 3 shares held) and increased authorized share capital from Rs 250 crores to Rs 400 crores. The statutory auditors issued an unmodified opinion on both standalone and consolidated financial statements.
The bonus issue will increase liquidity and shareholder base while the dividend signals confidence in financial health. Combined with strong FY26 earnings growth, these announcements are positive for shareholders and may support stock price appreciation.