
Bonus6 May 2026, 06:51 pm
Brigade Enterprises: Bonus Issue 1:3, Dividend ₹2/Share
AI Summary
Brigade Enterprises Ltd board approved the issue of bonus equity shares in the ratio of 1:3, subject to shareholder approval via postal ballot. The board also recommended a final dividend of ₹2 per equity share (20%) of ₹10 each, pending shareholder approval at the Annual General Meeting. Additionally, the authorized share capital will increase from ₹250 Cr to ₹400 Cr, subject to member approval. Audited financial results for FY26 were approved with unmodified opinions from the statutory auditors.
Key Highlights
- Bonus equity shares approved in the ratio of 1:3, pending shareholder approval.
- Final dividend of ₹2 per share (20%) recommended for FY26.
- Authorized share capital to increase from ₹250 Cr to ₹400 Cr.
- Audited FY26 financial results approved with unmodified audit opinions.
- Trading window to open on May 09, 2026.
Price Impact
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