StockWatch
·
Residential- Commercial Projects
Bonus8 Jun 2026, 06:21 pm

Brigade Enterprises Sets June 17 Record Date for 1:3 Bonus Issue

AI Summary

Brigade Enterprises Ltd has announced that its shareholders approved a bonus equity share issue with a 1:3 ratio. The record date for determining eligible shareholders is set for Wednesday, June 17, 2026. This means for every three shares held, one bonus share will be issued. The deemed date of allotment is June 18, 2026, with trading expected to commence shortly thereafter. This corporate action aims to reward existing shareholders and potentially increase the company's equity base.

Key Highlights

  • Bonus issue ratio set at 1:3.
  • Record date fixed for June 17, 2026.
  • Deemed allotment date is June 18, 2026.
  • Bonus shares to be credited to eligible members.
  • Shareholders approved the bonus issue via postal ballot.