Trent Limited has informed the Exchange about Issuance of Bonus shares
TRENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Trent Limited's Board has approved issuance of bonus shares in the ratio of 1:2, meaning 1 bonus equity share of Re. 1 each for every 2 fully paid-up equity shares held. The record date will be announced later, and this is subject to shareholder approval via postal ballot. The Board also recommended a dividend of Rs. 6 per equity share (600%), though this will be proportionately reduced post-bonus to reflect the increased share count. For FY26, standalone revenue from operations grew 18% to Rs. 19,701 crore, while net profit rose 24% to Rs. 1,968 crore. Additional approvals include a new ESOP plan for 8.89 lakh shares and enabling approval for raising up to Rs. 2,500 crore via rights issue or other modes.
The bonus issue is positive for existing shareholders as it increases their shareholding at no additional cost, while the strong financial results indicate robust business performance. The stock is likely to see positive sentiment on the back of these announcements.