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. The decisions were made during a board meeting held on May 6, 2026.
Key Highlights
- Bonus equity shares approved in the ratio of 1:3, pending shareholder approval.
- Final dividend of ₹2 per equity share (20%) recommended, subject to shareholder approval.
- Authorized share capital to increase from ₹250 Cr to ₹400 Cr, pending member approval.
- Audited financial results for Q4 and year ended March 31, 2026, approved.
- Audit reports have unmodified opinion.