No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, June 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Trent announces first-ever bonus issue in 1:2 ratio. Check details

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 2 mins read
A A
Trent announces first-ever bonus issue in 1:2 ratio. Check details
Share on FacebookShare on TwitterShare on LInkedIn


Trent, the parent company of retail chains Westside and Zudio, on Wednesday declared its first-ever bonus issue, offering shares in a 1:2 ratio to more than five lakh shareholders.

In an exchange filing, the company announced the 1:2 bonus issue along with Rs 6 dividend and Q4 results. The record date to determine the eligibility of shareholders set to receive the bonus shares will be announced later.

The Tata Group company said that it will issue one bonus share for every two shares owned as on the record date, subject to shareholders’ approval. Around 17.77 crore shares with a face value of Re 1 each will be issued as part of the offer.

Trent plans to allot the bonus shares by June 21, utilising share premium worth Rs 17.77 crore. The company’s total share premium available for capitalisation stood at Rs 1,924.3 crore as of March 31, 2026.

This marks the first-ever bonus issue announced by the Tata Group company. Earlier in June last year, the company announced a dividend of Rs 5 per equity share, while it paid dividends of Rs 3.20 in May 2024 and Rs 2.20 in May 2023. In 2016, it announced a stock split in the ratio of 10:1.

Live Events

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.Only those shareholders who own the shares of the company as on the record date will be eligible to receive the bonus shares. The record date for Trent’s prospective bonus issue is yet to be determined.Trent Q4 results

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’s board of directors also 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.

Trent share price

Trent shares have gained around 11% over the past week and 24% in the last month. However, the stock is down nearly 17% over the past one year. In the longer term, it has rallied 219% in three years and over 490% in five years.

Promoters and the promoter group held a 37% stake in the company, while the public owned the remaining 63%, as per the shareholding pattern as of March 31, 2026, on the NSE. Among promoters, Tata Sons held over 32%, while Tata Investment Corporation owned a little over 4%.



Source link

Tags: announcesbonuscheckdetailsfirsteverissueratiotrent
ShareTweetShare
Previous Post

Tracking MDF Program ROI: The Definitive Guide to Measuring Channel Marketing Impact

Next Post

Markets shrug at Trump’s Iran ceasefire extension

Related Posts

edit post
Reliance, financials and defence top investment picks as market leadership broadens: Rahul Shah

Reliance, financials and defence top investment picks as market leadership broadens: Rahul Shah

by TheAdviserMagazine
June 22, 2026
0

After spending nearly three years moving sideways, Reliance Industries may finally be approaching a turning point. According to Rahul Shah...

edit post
Oil Price Today (June 22): Crude oil rises above  as Iran shuts Strait of Hormuz again. What are experts saying?

Oil Price Today (June 22): Crude oil rises above $80 as Iran shuts Strait of Hormuz again. What are experts saying?

by TheAdviserMagazine
June 21, 2026
0

Oil prices moved higher on Monday as shipping activity through the Strait of Hormuz slowed and early talks between U.S....

edit post
After closing 1,000 restaurants, seafood chain sees clear sailing

After closing 1,000 restaurants, seafood chain sees clear sailing

by TheAdviserMagazine
June 21, 2026
0

Sometimes, a business has to get smaller in order to grow, or at least that's what executives, including Wendy's CFO...

edit post
Dow futures drop and oil jumps as first day of US-Iran talks sees Trump threaten Tehran on Hormuz

Dow futures drop and oil jumps as first day of US-Iran talks sees Trump threaten Tehran on Hormuz

by TheAdviserMagazine
June 21, 2026
0

U.S. stock futures fell and oil prices rose after peace talks between the U.S. and Iran got off to a...

edit post
Dave Ramsey Tells Couple Supporting 84-Year-Old Father-in-Law With ,000 of Debt: ‘It Won’t End Until You End It’

Dave Ramsey Tells Couple Supporting 84-Year-Old Father-in-Law With $33,000 of Debt: ‘It Won’t End Until You End It’

by TheAdviserMagazine
June 21, 2026
0

Quick Read Ramsey warned the couple that without boundaries, financial support becomes a permanent subscription only they can cancel. George...

edit post
US-Iran talks just started and Trump is already threatening to attack, causing negotiations to pause

US-Iran talks just started and Trump is already threatening to attack, causing negotiations to pause

by TheAdviserMagazine
June 21, 2026
0

High-level U.S.-Iran talks on their interim deal to end the war had a tense start Sunday in Switzerland as Tehran took offense...

Next Post
edit post
Markets shrug at Trump’s Iran ceasefire extension

Markets shrug at Trump's Iran ceasefire extension

edit post
Bitcoin Bottom At ,000? Grayscale Research Flags Feb. 5 As This Cycle’s Low

Bitcoin Bottom At $63,000? Grayscale Research Flags Feb. 5 As This Cycle’s Low

  • Trending
  • Comments
  • Latest
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

June 15, 2026
edit post
The 8 States That Still Tax Social Security in 2026

The 8 States That Still Tax Social Security in 2026

June 6, 2026
edit post
A Tax on Social Media – Blue-State Governments’ Newest Ploy

A Tax on Social Media – Blue-State Governments’ Newest Ploy

June 5, 2026
edit post
Building The Human Foundation For AI At CX Forum East

Building The Human Foundation For AI At CX Forum East

0
edit post
Reliance, financials and defence top investment picks as market leadership broadens: Rahul Shah

Reliance, financials and defence top investment picks as market leadership broadens: Rahul Shah

0
edit post
Your Car Was Never The Target

Your Car Was Never The Target

0
edit post
Bitcoin Bears Eye Lower Levels As TradingView Analysts Flag

Bitcoin Bears Eye Lower Levels As TradingView Analysts Flag

0
edit post
She’d Rather Visit Vietnam Than Pay for a ‘Big, Fancy Wedding’

She’d Rather Visit Vietnam Than Pay for a ‘Big, Fancy Wedding’

0
edit post
Best Sevierville Truck Accident Lawyer for Serious Injury Claims

Best Sevierville Truck Accident Lawyer for Serious Injury Claims

0
edit post
Reliance, financials and defence top investment picks as market leadership broadens: Rahul Shah

Reliance, financials and defence top investment picks as market leadership broadens: Rahul Shah

June 22, 2026
edit post
She’d Rather Visit Vietnam Than Pay for a ‘Big, Fancy Wedding’

She’d Rather Visit Vietnam Than Pay for a ‘Big, Fancy Wedding’

June 22, 2026
edit post
Brief Bulletins from the Healthcare Front

Brief Bulletins from the Healthcare Front

June 22, 2026
edit post
Polygon Dominates Latam: How the Network Processed 9 Million in Stablecoins Last Month

Polygon Dominates Latam: How the Network Processed $309 Million in Stablecoins Last Month

June 22, 2026
edit post
Your Car Was Never The Target

Your Car Was Never The Target

June 22, 2026
edit post
Oil Price Today (June 22): Crude oil rises above  as Iran shuts Strait of Hormuz again. What are experts saying?

Oil Price Today (June 22): Crude oil rises above $80 as Iran shuts Strait of Hormuz again. What are experts saying?

June 21, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Reliance, financials and defence top investment picks as market leadership broadens: Rahul Shah
  • She’d Rather Visit Vietnam Than Pay for a ‘Big, Fancy Wedding’
  • Brief Bulletins from the Healthcare Front
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.