Trent plans 1:2 bonus issue, sets May 29 as record date

Trent share price target cut by HSBC but sees Zudio-led growth to sustain


Trent Limited has fixed May 29, 2026, as the record date for determining shareholders eligible for its proposed bonus share issue.

The company plans to issue bonus equity shares in the ratio of 1:2, meaning shareholders will receive one additional share for every two fully paid-up equity shares held as of the record date.

The Tata Group retailer said the issuance remains subject to necessary statutory and regulatory approvals, along with shareholder consent through a postal ballot process.

Earlier, in its Q4 FY26 results, the firm posted a 42.3% YoY hike in earnings before interest, tax, depreciation and amortisation (EBITDA) at ₹927.8 crore, comfortably beating the CNBC-TV18 poll estimate of ₹848 crore.

Its margins also expanded sharply to 18.5% from 15.5% a year ago, also higher than the poll expectations of 16.8%.

As of March 31, 2026, Trent’s store network stood at 1,286 outlets, including 300 Westside stores, 963 Zudio stores (with 6 in the UAE), and 23 stores across other lifestyle formats.

Store additions remained strong, with Westside adding 22 stores in Q4 and 52 during FY26, while Zudio added 109 stores in the quarter and 198 over the full year.

The company had also informed that its board had recommended a final dividend of ₹6 per share for FY26, subject to shareholder approval.

Alongside this, it had cleared an enabling resolution to raise up to ₹2,500 crore through a rights issue or other permissible modes, aimed at supporting expansion and strengthening its balance sheet.

Shares of Trent Limited ended at ₹4,256 on the NSE on April 27, down ₹41.30 or 0.96%.

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