Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: Trent announces first-ever bonus issue in 1:2 ratio. Check details – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Business > Trent announces first-ever bonus issue in 1:2 ratio. Check details – Delhi News Daily
Business

Trent announces first-ever bonus issue in 1:2 ratio. Check details – Delhi News Daily

delhinewsdaily
Last updated: April 22, 2026 1:12 pm
delhinewsdaily
Share
SHARE


Contents
Live EventsTrent share price
Trent, the parent company of retail chains Westside and Zudio, on Wednesday declared its first-ever bonus issue, offering shares in a 1:2 ratio to more than five lakh shareholders.

In an exchange filing, the company announced the 1:2 bonus issue along with Rs 6 dividend and Q4 results. The record date to determine the eligibility of shareholders set to receive the bonus shares will be announced later.

The Tata Group company said that it will issue one bonus share for every two shares owned as on the record date, subject to shareholders’ approval. Around 17.77 crore shares with a face value of Re 1 each will be issued as part of the offer.

Trent plans to allot the bonus shares by June 21, utilising share premium worth Rs 17.77 crore. The company’s total share premium available for capitalisation stood at Rs 1,924.3 crore as of March 31, 2026.

This marks the first-ever bonus issue announced by the Tata Group company. Earlier in June last year, the company announced a dividend of Rs 5 per equity share, while it paid dividends of Rs 3.20 in May 2024 and Rs 2.20 in May 2023. In 2016, it announced a stock split in the ratio of 10:1.

ET logo

Live Events


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.

Only those shareholders who own the shares of the company as on the record date will be eligible to receive the bonus shares. The record date for Trent’s prospective bonus issue is yet to be determined.Trent Q4 results

Trent reported a 26% growth in its consolidated net profit for the quarter ended March 31, 2026, at Rs 400 crore versus Rs 318 crore in the year-ago period. Its revenue from operations, meanwhile, rose 19% YoY to Rs 5,028 crore in Q4 FY26.

Further, Trent’s board of directors also approved the plan to raise additional funds through the issue of equity shares via rights issue or other methods. The company announced an Employee Stock Option Plan (ESOP) to issue nearly 8.89 lakh shares to its eligible shareholders.

Trent share price

Trent shares have gained around 11% over the past week and 24% in the last month. However, the stock is down nearly 17% over the past one year. In the longer term, it has rallied 219% in three years and over 490% in five years.

Promoters and the promoter group held a 37% stake in the company, while the public owned the remaining 63%, as per the shareholding pattern as of March 31, 2026, on the NSE. Among promoters, Tata Sons held over 32%, while Tata Investment Corporation owned a little over 4%.



Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Who is Divyanka Sirohi? All about the Haryanvi actress who passed away at 30 due to heart attack – Reports | Punjabi Movie News – The Times of India – Delhi News Daily
Next Article H-1B visa holders harassed by influencers: Immigration attorneys say ‘don’t open the doors, you are not…’ – The Times of India – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Libas enters jewellery category, expands fashion portfolio beyond apparel – Delhi News Daily
  • Millions of California households are getting electricity-bill credits automatically during the expensive summer months; the state says $886 million is being returned, averaging about $75 per household – Delhi News Daily
  • Fund performance in focus as Tata AMC looks to add AI investment talent – Delhi News Daily
  • Ed Sheeran BREAKS DOWN On Stage Amid Macklemore Fallout; ‘Everyone Has Abandoned Me’ – Delhi News Daily
  • Harita Bhadra: India’s 2nd-Fastest Woman on Asian Games, Nadal & Her One-Day-at-a-Time Mantra – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

Japan’s Nikkei hits record high as chip-related shares jump – Delhi News Daily

Japan's Nikkei share average rose to a record high on Wednesday, as gains in index heavyweight chip-related equities outweighed losses…

2 Min Read
Business Standard
Business

Stock Market Close: Sensex falls 151 pts, Nifty ends at 23,162 as US-Iran conflict deepens – Delhi News Daily

3:50 PMStock Market LIVE Updates: Market expert viewStock Market LIVE Updates: Domestic markets witnessed a modest rebound on dip-buying as oil…

5 Min Read
Business

Sebi drops proceedings against Max Financial, Axis Bank in Max Life deal case – Delhi News Daily

Markets regulator Sebi has dropped proceedings against Max Financial Services, Max Life Insurance, Axis Bank, Axis Capital, Axis Securities and…

5 Min Read
Business

Iran to resume international flights from Mashhad airport on Monday – Delhi News Daily

Tehran: Iran will resume international flights on Monday from Mashhad airport in the country's northeast, its civil aviation authority said."Permission…

1 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?