The announcement was made by Trent following its Q4 results and Rs. 6 follows the earlier announcement of the bonus issue along with the dividend. The company had indicated at the time that the record date would be announced separately.
The bonus issue is a milestone for Westside and the Zoodio parent, who have never issued bonus shares before. As part of the plan, Trent will issue around 17.77 crore equity shares of Rs 1 face value each, capitalizing a portion of its share premium reserve.
The company expects to complete the allotment of these bonus shares by June 21 by drawing from its share premium pool, which by March-end FY26 will be Rs. 1,900 crore was over.
A bonus issue involves the distribution of additional shares to existing shareholders at no additional cost, usually reflecting the company’s confidence in its financial position and growth outlook. While the move increases the total number of shares outstanding, it does not change the company’s overall market capitalization. However, it improves stock liquidity and makes the stock more accessible to retail investors.
Live events
Only shareholders holding Trent shares till May 29 will be eligible to receive the bonus allocation.
Trent reported a 26% growth in its consolidated net profit for the quarter ended March 31, 2026, as against Rs. 318 crore against Rs. 400 crores. Its revenue from operations, meanwhile, grew 19% YoY in Q4 FY26 to Rs. 5,028 crores.
In addition, Trent has also previously approved plans to raise additional funds through a rights issue or issue of equity shares through other mechanisms. The company had announced an Employee Stock Option Plan (ESOP) to issue around 8.89 lakh shares to its eligible shareholders.
(You can now subscribe to our ETMarkets WhatsApp channel)