Issue of bonus equity shares
BRIGADE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Brigade Enterprises Ltd's Board of Directors met on May 6, 2026, and approved a bonus issue in the ratio of 1:3 — meaning 1 new fully paid equity share of Rs. 10 each for every 3 shares held. This is subject to shareholder approval via postal ballot. The board also recommended a final dividend of Rs. 2 per share (20% on face value), pending AGM approval. For FY26, the consolidated net profit after tax was Rs. 7,247.60 lakh (Rs. 72.48 crore), up from Rs. 6,804.70 lakh in FY25. Total consolidated revenue was Rs. 56,972.20 lakh (Rs. 569.72 crore), with segment contributions from real estate (Rs. 39,698.50 lakh), leasing (Rs. 12,970.70 lakh), and hospitality (Rs. 5,956.10 lakh). The board also approved increasing authorized share capital from Rs. 250 crore to Rs. 400 crore to accommodate the bonus issue. Auditors gave an unmodified opinion on both standalone and consolidated financials.
The 1:3 bonus issue will increase the number of shares by approximately 33%, diluting EPS in the short term but signaling management confidence in future earnings. The combined dividend and bonus announcement is generally positive for shareholder returns.