Bonus issue alert! Brigade Enterprises set to reward 1.5 lakh retail shareholders, check details


Bengaluru-based real estate developer Brigade Enterprises has announced a bonus issue in the ratio of 1:3 for its shareholders, marking the first such corporate action in around seven years.

While announcing its Q4 results on Wednesday, Brigade Enterprises announced that its board of directors has approved the plan to issue one bonus share with a face value of Rs 10 each for every three shares held in the company as on the record date, subject to shareholders’ approval.

Brigade Enterprises bonus issue record date

The record date to determine the eligibility of shareholders set to receive the bonus shares will be announced later. The company approved the plan to increase its share capital from Rs 250 crore divided into 25 crore shares to Rs 400 crore divided into Rs 40 crore shares.

A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company’s market capitalisation. However, it can improve liquidity and affordability, allowing more investors to add shares of the company to their portfolio.

Brigade Enterprises Q4 Results

Brigade Enterprises on Wednesday reported a consolidated net profit of Rs 190 crore for the fourth quarter of the financial year 2025-26, compared to Rs 249 crore a year ago. Its revenue meanwhile declined to Rs 1,523 crore from Rs 1,532 crore a year earlier.

Along with the Q4 results and bonus issue, Brigade Enterprises also announced a final dividend of Rs 2 per equity share for the financial year 2026, subject to shareholders’ approval at the company’s upcoming Annual General Meeting (AGM).

Brigade Enterprises share price

Brigade Enterprises shares dropped nearly 5% to trade at Rs 771.60 apiece on Thursday after the Q4 results failed to meet expectations. The shares have fallen nearly 2% in one week but gained over 12% in one month.

Overall, the stock is down around 14% so far in 2026 and 24% in one year. In the longer term, the shares of the company gained 46% in three years and 202% in five years.

At the end of the financial year 2026, promoters and promoter group held 41% stake in the company, while the remaining 59% stake was held by public and institutions. Out of this, nearly 1.5 lakh retail investors held around 4% stake in the company, according to NSE’s data on the company’s shareholding pattern as on March 31, 2026.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



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