Trent Announces Record Dates for Bonus Issue and Dividend Disbursement

Trent Announces Record Dates for Bonus Share Issue and Dividend Payment

Tata Group's retail major, Trent, has announced the record dates for its proposed bonus share issue and dividend payment. The company has fixed Friday, May 29, 2026, as the record date to identify shareholders eligible for its maiden bonus issue, which will be offered in a 1:2 ratio.

According to the company's exchange filing, shareholders will receive one bonus equity share for every two fully paid-up equity shares held as on the record date. The issuance remains subject to necessary statutory and regulatory clearances, including shareholder approval via postal ballot. Investors whose names appear in the register of members or in the list of beneficial owners as of the record date will qualify for the allotment.

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The bonus issue represents a significant milestone for Trent, marking the first time the company is issuing bonus shares. Under this plan, Trent will issue nearly 17.77 crore equity shares with a face value of Re 1 each, by capitalising a portion of its share premium reserves. The company expects to complete the allotment of bonus shares by June 21, utilising its share premium reserves, which stood at over ₹1,900 crore at the end of FY26.

Trent had earlier declared a ₹6 dividend, with a record date of June 10, 2026, for the payment of dividend. The company will pay the dividend, subject to approval of shareholders at the AGM, on or after Friday, June 26, 2026.

Trent's Q4 results showed a consolidated net profit of ₹413.10 crore, compared to ₹311.60 crore in the corresponding period last year, registering a growth of 32.57% YoY. Revenue from operations stood at ₹5,027.99 crore, up from ₹4,216.94 crore in Q4 FY25, reflecting a 19.23% increase.

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Trent has approved plans to raise up to ₹2,500 crore through one or more tranches via equity issuance, rights issue, or other permissible routes, subject to regulatory approvals. The company has also introduced an Employee Stock Option Plan (ESOP) under which approximately 8.89 lakh shares will be issued to eligible participants.

Shares of Trent have gained 25% over the past one month and 12% over the last three months, although the stock has declined 17% over the past one year. Over a longer horizon, the stock has delivered multibagger returns, surging approximately 445% in the past five years.