BRIGADEBSEBrigade Enterprises LtdHighPositive
Announced Wed, 6 May · 18:49 IST

Issue of bonus equity shares

Corporate Actions View source PDF

BRIGADE · price

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Price reaction · full curve 14 horizons · vs prior close
-5.7%1-day move
₹806.00
prior close
₹792.50
base price
After-mkt
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-1.1-1.3-0.9-0.9-5.7-7.1-11.2-13.6-13.2-17.7-19.5-40.4-35.9
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AI summary

Brigade Enterprises board approved Q4 and FY2026 results showing consolidated revenue of Rs 5,69,722 lakhs (up 12% YoY) and profit after tax of Rs 72,476 lakhs. The board recommended a final dividend of Rs 2 per share (20% on Rs 10 face value) and approved a bonus share issue in the ratio of 1:3, meaning 1 new fully paid equity share for every 3 shares held. The record date for the bonus will be announced separately. The authorized share capital will also be increased from Rs 250 crore to Rs 400 crore, subject to shareholder approval via postal ballot.

Likely market impact

Bonus issue increases liquidity and share count but dilutes EPS initially, while the dividend signals financial health. Both measures are shareholder-friendly and may provide near-term positive sentiment for the stock.