The board is scheduled to meet on April 22 to evaluate the proposal, according to an exchange filing. If approved, this would mark the company’s first-ever bonus issue, as per BSE data.
The record date for the issue, however, has not yet been declared.
Companies typically issue bonus shares to capitalise free reserves, increase paid-up capital and improve liquidity in the stock. These shares are allotted to existing shareholders at no additional cost.
Investors must hold the stock before the ex-date to be eligible, as purchases on or after the ex-date do not qualify for the benefit.
Alongside the bonus proposal, Trent will also announce its March quarter results on Wednesday.
The board will further consider a dividend recommendation, a proposal to introduce an employee stock option plan, and plans to raise funds through equity issuance, including a potential rights issue.
Trent’s Q4 business update
In its recent business update, Trent reported a strong operational performance. Standalone revenue rose 20% YoY to ₹4,937 crore in Q4FY26, while full-year revenue grew 18% to ₹19,701 crore.
Revenue from merchandise sales increased 21% YoY in the quarter and 19% for the full year.
The company continued to expand its retail footprint aggressively. As of March 31, 2026, its store network stood at 1,286 outlets, including 300 Westside stores, 963 Zudio stores and 23 stores under other formats.
Store additions remained robust, with Westside adding 52 stores and Zudio 198 stores during FY26.
At the end of the March quarter, promoters of the company had a 37.01% stake. Mutual Funds own a 13.92% stake in the company, while nearly 4,88,009 retail shareholders, or those with authorised share capital of up to ₹2 lakh, have a 14.04% stake in the company. Retail shareholders with authorised share capital of above ₹2 lakh, have a 1% stake at the end of the March quarter.
Shares of Trent ended 0.36% higher at ₹4,097.80 on Friday and have gained 15% over the past month.
