Trent Limited has announced a proposal to issue bonus equity shares to its shareholders in a 1:2 ratio. This means that for every two fully paid-up equity shares held by investors, they will receive one additional bonus share. The Board of Directors has set Friday, 29th May 2026, as the record date to determine shareholder eligibility for this issuance.
Details of the Bonus Share Issuance
The Board of Directors of Trent Limited has officially approved the issuance of bonus shares to reward its existing shareholders. This corporate action is executed in a proportion of 1:2, effectively increasing the equity base of the company. Investors holding two existing fully paid-up equity shares on the designated record date will be entitled to receive one new equity share as a bonus.
Key Timeline and Approvals
The company has scheduled the record date for this issuance on Friday, 29th May 2026. This date is critical for investors, as it serves as the cutoff for determining which members are eligible for the bonus distribution. The entire process remains subject to necessary statutory and regulatory approvals, as well as the approval of the company’s shareholders, which is to be secured via a Postal Ballot process.
Source: BSE
