Key facts
- Brigade Enterprises has set June 17 as the record date for its bonus issue.
- The bonus issue ratio is 1:3, meaning one bonus share for every three held.
- Investors must purchase shares by June 16 to be eligible.
- The company's board approved increasing its share capital from Rs 250 crore to Rs 400 crore.
- Brigade Enterprises also announced a final dividend of Rs 2 per equity share for FY26.
Bengaluru-based real estate developer Brigade Enterprises has set June 17 as the record date for its bonus issue in the ratio of 1:3. This means that investors must purchase shares by June 16 to be eligible for the bonus reward, as SEBI's T+1 settlement norm requires shares to be credited to demat accounts by the record date.
The company's board approved the plan to issue one bonus share for every three shares held as of the record date. This move will increase the company's share capital from Rs 250 crore to Rs 400 crore.
Brigade Enterprises also announced a final dividend of Rs 2 per equity share for the financial year 2025-26. The company reported a consolidated net profit of Rs 190 crore for Q4 FY26, down from Rs 249 crore a year ago, with revenue declining to Rs 1,523 crore from Rs 1,532 crore.
A bonus issue is a distribution of free shares from a company's reserves, often seen as a sign of financial strength. While it increases the number of outstanding shares, it does not alter the company's market capitalization but can improve liquidity and affordability.