Trent Limited has informed the exchanges that the board of directors on June 5, 2026, approved the allotment of 17,77,44,100 bonus equity shares of Rs 1 each. The bonus shares have been allotted in the proportion of one equity share for every two existing fully paid-up equity shares held by eligible members.
The record date for determining eligible members was fixed as June 4, 2026. The allotment includes 19,680 shares that were held in abeyance on account of pending legal cases. Trent Limited had previously communicated the bonus issue to the exchanges on April 27, May 6, and May 27, 2026.
A total of 117,134 bonus equity shares representing fractional entitlements of eligible members have been consolidated and allotted to a nominee appointed by the board. The nominee will sell these shares at the prevailing market rate and distribute the net sale proceeds among the eligible members in proportion to their respective fractional entitlements, after deducting costs and expenses.
The net sale proceeds from the fractional entitlement shares will be transferred to the eligible shareholders' bank accounts registered with their depository participants.
Following the allotment, the paid-up share capital of Trent Limited has increased to Rs 53.32 crore, divided into 53,32,32,301 fully paid-up equity shares of Rs 1 each. Prior to the bonus issue, the paid-up capital was Rs 35.55 crore divided into 35,54,88,201 equity shares.
Trent Limited had previously communicated that the dividend of Rs 6 per equity share would be proportionately adjusted to Rs 4 per equity share on the increased paid-up share capital, following the bonus allotment.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.