Business
Bonus bonanza! Last date to buy Brigade Enterprises shares for 1:3 bonus issue reward
Only shareholders who hold Brigade Enterprises shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares. Due to SEBI’s T+1 settlement norm, investors must purchase the company’s shares at least one trading day before the record date so they are credited to their demat accounts by that date and qualify for the corporate action. This effectively makes today the final day for investors to buy the shares to be eligible for the bonus issue.
All about Brigade Enterprises’ bonus issue
Brigade Enterprises in May announced its first bonus issue in around seven years, along with the release of its Q4 results. It said its board approved the plan to issue one bonus share with a face value of Rs 10 each for every three shares held in the company as on the record date.
The company approved the plan to increase its share capital from Rs 250 crore, divided into 25 crore shares, to Rs 400 crore, divided into 40 crore shares.
Also read: 31 stocks turning ex-record date for dividends and bonus issues this week. Do you own any?A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company’s market capitalisation. However, it can improve liquidity and affordability, allowing more investors to add shares of the company to their portfolio.
Brigade Enterprises share price
Brigade Enterprises shares have gained more than 6% in one week but declined over 0.5% in one month and 24% in 2026 so far. In the longer term, the shares of the company have fallen over 42% in one year, but gained more than 15% in three years and 141% in five years.
The company currently has a market capitalisation of Rs 16,755 crore. The stock’s P/E ratio stands at nearly 23x.
Brigade Enterprises Q4 Results
Brigade Enterprises in May reported a consolidated net profit of Rs 190 crore for the fourth quarter of the financial year 2025-26, compared to Rs 249 crore a year ago. Its revenue meanwhile declined to Rs 1,523 crore from Rs 1,532 crore a year earlier.
Along with the Q4 results and bonus issue, Brigade Enterprises also announced a final dividend of Rs 2 per equity share for the financial year 2026.
Also read: 54% of top Indian stocks are cheaper now than in 2023. Is it time to buy?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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