Bonus issue alert! Brigade Enterprises sets record date for 1:3 bonus share reward

In an exchange filing released on Monday, Brigade Enterprises announced that its shareholders approved the issue of bonus shares through postal ballot by way of e-voting on June 7. Only those shareholders who own shares of the real estate company in their demat accounts as on the record date will be eligible to receive the bonus shares.

Earlier in May, Brigade Enterprises announced its first bonus issue in around seven years, coinciding with the release of its Q4 results. It had said that its board has 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: Brigade Enterprises set to reward 1.5 lakh retail shareholders, check details

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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 shares gained nearly 1% on Tuesday morning to trade at Rs 647.50 apiece on NSE. The shares have fallen nearly 15% in one month and are down around 28% in 2026 so far.

In the longer term, the shares of the company gained 18% in three years and 140% in five years. The company currently has a market capitalisation of more than Rs 15,862 crore.At the end of the financial year 2026, promoters and promoter group held 41% stake in the company, while the remaining 59% stake was held by the public and institutions. Out of this, nearly 1.5 lakh retail investors held around 4% stake in the company, according to NSE’s data on the company’s shareholding pattern as on March 31, 2026.

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: Infosys dividend alert! Last date to buy IT giant’s shares to secure Rs 25/sh payout

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