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Trent announces record date for its 1:2 bonus issue. Check details

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Trent announces record date for its 1:2 bonus issue. Check details
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Trent has fixed Friday, May 29, 2026 as the record date to determine shareholders eligible for its first-ever bonus share issue in a 1:2 ratio. In an exchange filing, the Tata Group retail company said shareholders will receive one bonus equity share for every two fully paid-up equity shares held as on the record date, subject to statutory and regulatory approvals, including shareholder approval through a postal ballot.

The announcement follows Trent’s earlier disclosure of the bonus issue alongside its Q4 results and a Rs 6 dividend. The company had at the time indicated that the record date would be announced separately.

The bonus issue marks a milestone for the Westside and Zudio parent, which has never issued bonus shares before. As part of the plan, Trent will issue around 17.77 crore equity shares of Re 1 face value each, capitalising a portion of its share premium reserves.

The company expects to complete the allotment of these bonus shares by June 21, drawing from its share premium pool, which stood at over Rs 1,900 crore as of March-end FY26.

A bonus issue involves distributing additional shares to existing shareholders at no extra cost, typically reflecting a company’s confidence in its financial position and growth outlook. While the move increases the total number of outstanding shares, it does not alter the company’s overall market capitalisation. However, it tends to improve stock liquidity and makes shares more accessible to retail investors.

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Only those shareholders holding Trent shares as of May 29 will be eligible to receive the bonus allotment.Trent reported a 26% growth in its consolidated net profit for the quarter ended March 31, 2026, at Rs 400 crore versus Rs 318 crore in the year-ago period. Its revenue from operations, meanwhile, rose 19% YoY to Rs 5,028 crore in Q4 FY26.Further, Trent has also earlier approved the plan to raise additional funds through the issue of equity shares via rights issue or other methods. The company announced an Employee Stock Option Plan (ESOP) to issue nearly 8.89 lakh shares to its eligible shareholders.



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