Brigade Enterprises has announced a bonus issue of equity shares in the ratio of 1:3, meaning shareholders will receive 1 bonus share for every 3 shares held.
This strategic move is set to increase the company's equity share capital significantly.
The bonus shares will be issued as equity shares with a face value of ₹10 each.
The issuance will be funded from the company's free reserves, securities premium account, and capital redemption reserve account as of March 31, 2026.
The total number of securities proposed to be issued is 8,15,40,595 equity shares, amounting to ₹81,54,05,950.
As per the company's March quarter shareholding data, 1.5 lakh retail shareholders, owning up to ₹2 lakh of authorised share capital, possess around 4% of the overall stake in Brigade Enterprises.
Prior to the bonus issue, the paid-up equity share capital of Brigade Enterprises stands at ₹244.62 crore, comprising 24,46,21,785 shares of ₹10 each.
Post-bonus, the equity share capital will increase to ₹326.16 crore, consisting of 32,61,62,380 shares of ₹10 each.
The bonus issue will utilise ₹81,54,05,950 from the company's reserves.
As of March 31, 2026, Brigade Enterprises has ₹6,084.18 crore available in free reserves, security premium, and capital redemption reserve.
Read More: South Indian Bank Q4 FY26 Results: Reported ₹1,455 Crore Profit, Announces 45% Dividend!
The bonus shares are expected to be credited or dispatched within 2 months from the date of board approval, which is on or before July 5, 2026.
The record date for determining eligible shareholders will be communicated in due course.
Brigade Enterprises' stock has seen a remarkable rise of over 200% over the last 5 years.
Despite this growth, the stock is currently trading below its 52-week high of ₹1,332, closing at ₹806 on the day of the bonus announcement.
Mutual Funds of India hold a significant 22% stake in the company, underscoring institutional interest in the stock.
As of May 07, 2026, at 11:08 AM, Brigade Enterprises share price on NSE was trading at ₹776.30 down by 4.04% from the previous closing price.
Brigade Enterprises' decision to issue bonus shares in a 1:3 ratio is a significant step in enhancing shareholder value and expanding the company's equity base. With a substantial reserve backing, the company is well-positioned to execute this bonus issue efficiently.
Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 7, 2026, 1:08 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN