Trent Sets Record Date for First Bonus Share Issue in 1:2 Ratio
Trent announces record date for its 1:2 bonus issue. Check details
The Economic Times
Image: The Economic Times
Trent, a Tata Group retail company, has set May 29, 2026, as the record date for its first bonus share issue in a 1:2 ratio, allowing shareholders to receive one bonus share for every two shares held. This move reflects the company's strong financial performance, with a 26% rise in net profit for Q4 FY26.
- 01Trent will issue bonus shares in a 1:2 ratio, marking its first-ever bonus issue.
- 02The record date for eligibility is set for May 29, 2026.
- 03The company expects to issue approximately 17.77 crore equity shares.
- 04Trent reported a 26% increase in net profit for Q4 FY26, totaling ₹400 crore.
- 05The bonus issue aims to enhance stock liquidity and accessibility for retail investors.
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Trent, the parent company of Westside and Zudio, has announced its first-ever bonus share issue in a 1:2 ratio, with a record date set for May 29, 2026. Shareholders will receive one bonus equity share for every two fully paid-up shares they hold as of the record date, pending necessary approvals. The company plans to issue around 17.77 crore equity shares with a face value of ₹1 each, utilizing a portion of its share premium reserves, which exceeded ₹1,900 crore as of March 2026. This announcement follows a strong financial performance, with Trent reporting a 26% increase in consolidated net profit for Q4 FY26, reaching ₹400 crore, and a 19% rise in revenue to ₹5,028 crore. The bonus issue is expected to improve stock liquidity and make shares more accessible to retail investors, reflecting the company's confidence in its growth outlook.
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The bonus share issue will increase the number of shares available, potentially enhancing liquidity and making it easier for retail investors to buy into the company.
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