Realty Stock Gains After Board Announces Bonus Issue Timeline

Shares of Brigade Enterprises Limited were in focus on Tuesday after the company fixed the record date for its 1:3 bonus issue.

The stock touched an intraday high of Rs. 654.70, up 1.79 percent from the previous close of Rs. 643.20. It later pared some gains and traded at Rs. 644.75.

Brigade Enterprises commands a market capitalization of Rs. 15,771.99 crore.

June 17 fixed as record date

According to the company’s announcement, the Board of Directors has fixed Wednesday, June 17, 2026, as the record date to determine shareholders eligible for the bonus issue.

The deemed date of allotment will be June 18, 2026, the next working day after the record date.

1:3 bonus issue details

The company will issue bonus shares in the ratio of 1:3.

This means:

  • Shareholders will receive one new equity share
  • For every three existing equity shares held
  • Each bonus share will carry a face value of Rs. 10

For instance, an investor holding 10,000 shares would receive 3,333 bonus shares, taking the total holding to 13,333 shares after the allotment.

Land bank across South India

As of December 31, 2026, Brigade Enterprises had a land bank of around 568 acres spread across:

  • Bengaluru
  • Chennai
  • Hyderabad
  • Mysuru
  • Kochi
  • Thiruvananthapuram

Bengaluru accounted for nearly 345 acres, making it the company’s largest market.

The company continues to add and develop land for future residential, commercial and mixed-use projects.

Business profile

Founded in 1995, Brigade Enterprises is a Bengaluru-based real estate developer with operations spanning:

  • Residential projects
  • Commercial properties
  • Retail developments
  • Hospitality assets
  • Education segment

The company has delivered more than 300 buildings covering over 100 million square feet.

It also holds licenses for World Trade Centers in South India.

Q4 FY26 performance

For the quarter ended March 2026:

ParticularsQ4 FY26Q4 FY25
RevenueRs. 1,458 croreRs. 1,460 crore
Net ProfitRs. 191 croreRs. 249 crore

Revenue declined 0.13 percent, while net profit fell 23.29 percent year-on-year.

Key metrics

  • Five-year revenue CAGR: 24 percent
  • Five-year profit CAGR: 89 percent
  • ROCE: 10.5 percent
  • ROE: 10.4 percent
  • EPS: Rs. 26.4
  • Debt-to-equity ratio: 0.93x

Bonus issue at a glance

ParticularsDetails
Bonus ratio1:3
Record dateJune 17, 2026
Allotment dateJune 18, 2026
Face valueRs. 10 per share

TL;DR:
Brigade Enterprises fixed June 17, 2026, as the record date for its 1:3 bonus issue. Shareholders will receive one bonus share for every three shares held, with allotment scheduled for June 18.

AI summary:

  • Brigade Enterprises fixed June 17 as the record date.
  • The company will issue bonus shares in a 1:3 ratio.
  • Shares rose nearly 2 percent during Tuesday’s trade.
  • The allotment date has been set for June 18.
  • Brigade has a land bank of 568 acres across South India.
Share this article
Shareable URL
Prev Post

Crude Pulls Back and Indian Currency Firms to 95.42

Next Post

Pharma Stock Gains as DENSTAR Project Advances DengiAll® Vaccine

Read next
0
Share