Trent Bonus Share: Tata Group company Trent has changed the record date for the bonus issue and also for the payment of dividend. In an exchange filing, Trent said that June 4 will now be the record date for the bonus issue. For the dividend, the Tata company has revised the record date to June 12.
"We wish to inform you that the said Record Date for the purpose of determining the eligibility of shareholders for the issuance of bonus shares has been revised to Thursday, 4th June 2026," Trent said in a filing.
Trent had earlier fixed May 29 as the record date for the bonus.
"We wish to inform you that the said Record Date for the purpose of payment of dividend has been revised to Friday, 12th June 2026," Trent added.
Trent had earlier fixed June 10 as the record date for the dividend.
Trent has announced to issue bonus shares to its investors in the ratio of 1:2. This means one bonus share will be issued for every two existing shares. Trent bonus shares will carry a face value of Re 1.
"...issuance of bonus shares in the proportion of 1:2, i.e., one (1) equity share as a bonus share for every two (2) existing fully paid-up equity shares," Trent said.
On dividends, Trent had announced that its board has recommended a dividend of 600 per cent or Rs 6 per share. However, the dividend amount will adjust accordingly to reflect the increase in the number of equity shares post bonus.
"Recommended a Dividend of 600%, i.e. Rs 6 per Equity Share of Re 1 each," Trent said.
The dividend, if approved by the shareholders of the company, shall be paid on or after the third day from the conclusion of the 74th Annual General Meeting (AGM).
Trent Limited, founded in 1998, is a part of Tata Group. The retail company owns famous brands like Westside, Zudio, Utsa, among others.
