StockWatch
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Residential- Commercial Projects
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.