StockWatch
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Residential- Commercial Projects
Dividend15 Jul 2026, 07:31 pm

Brigade Enterprises Fixes Aug 5 Record Date for FY26 Dividend

AI Summary

Brigade Enterprises Ltd announced that its Board of Directors has recommended a final dividend of ₹2 per equity share (20%) for FY 2025-2026, subject to shareholder approval at the 31st Annual General Meeting (AGM) scheduled for August 13, 2026. The record date for determining entitlement to this dividend has been fixed as August 5, 2026. The Board also approved the issuance of up to 34,23,000 convertible warrants to a promoter group entity at ₹526 per share, aggregating ₹180.05 crore, and the issuance of Non-Convertible Debentures up to ₹1500 crore on a private placement basis. Additionally, a new Employee Stock Option Plan, 'Brigade Employee Stock Option Plan 2026', was approved.

Key Highlights

  • Record date for FY26 final dividend set as August 5, 2026.
  • Dividend recommendation of ₹2 per share for FY26.
  • Board approved issuance of convertible warrants worth ₹180.05 crore.
  • Approval for NCD issuance up to ₹1500 crore.
  • New Employee Stock Option Plan 2026 approved.