Corporate Action22 Apr 2026, 04:41 pm
Trent Board Approves FY26 Results, 600% Dividend, 1:2 Bonus, ₹2,500 Cr Fundraise
AI Summary
Trent Ltd.'s Board of Directors approved the audited financial results for the financial year ended March 31, 2026. The Board recommended a dividend of 600%, equivalent to ₹6 per equity share of ₹1 each. Additionally, a bonus issue in the proportion of 1:2 (one bonus share for every two held) was proposed, subject to shareholder approval. The Board also approved the reclassification of authorized share capital, adopted the 'Trent Limited - Employee Stock Option Plan 2026' for 8,88,700 equity shares, and granted enabling approval to raise additional funds not exceeding ₹2,500 Crore through a rights issue or other permissible modes. Director appointments and re-appointments were also approved.
Key Highlights
- Board approved audited financial results for FY26.
- Recommended 600% dividend (₹6 per share) for shareholders.
- Proposed 1:2 bonus share issue, subject to approvals.
- Adopted ESOP 2026 for 8,88,700 equity shares.
- Granted enabling approval for ₹2,500 Cr fundraise.