STOCKWATCH
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Speciality Retail
Board Meeting22 Apr 2026, 04:28 pm

Trent Ltd: Recommends 600% Dividend, 1:2 Bonus Issue

AI Summary

Trent Ltd's board approved the audited financial results for FY26, recommended a 600% dividend (₹6 per share), and proposed a 1:2 bonus share issuance, subject to shareholder approval. The board also approved reclassification of authorized share capital, adoption of an ESOP plan, and enabling approval for raising up to ₹2,500 Crore through equity issuance. Additionally, Mr. Bahram Vakil was appointed as an Additional Director, and Mr. Ravneet Singh Gill and Ms. Hema Ravichandar were re-appointed as Independent Directors.

Key Highlights

  • Trent Ltd recommends a 600% dividend, ₹6 per share.
  • Board approves 1:2 bonus share issuance, pending shareholder approval.
  • Enabling approval granted to raise up to ₹2,500 Crore.
  • Bahram Vakil appointed as Additional Director.
  • Ravneet Singh Gill and Hema Ravichandar re-appointed as Independent Directors.
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