Brigade Enterprises announces 1:3 bonus issue for shareholders; stock down 4% today

If approved, the NSE filing data showed that Brigade Enterprises’ board will grant one bonus share to every investor holding three equity shares in the company, based on the eligibility up to the pre-determined record date of the corporate action.

“Issue of bonus equity shares in the proportion of 1:3. i.e. 1 (one) bonus equity share of ₹10/- each fully paid up for every 3 (three) equity shares of Rs. 10/- each fully paid up held by the shareholders as on record date subject to the approval of the members of the company through Postal Ballot,” Brigade Enterprises informed the stock exchanges.

The company also disclosed that it will announce the record date of the bonus issue, which determines the shareholder eligibility, in a separate exchange filing in the near future.

Brigade Enterprises dividend

The real estate developer, Brigade Enterprises’ board, also announced a ₹2 per share final dividend with a face value of ₹2 per share for shareholders subject to the necessary approval, according to the exchange filing.

“Recommended a final dividend of ₹2/- per equity share (20%) of ₹10/- each, which is subject to approval of the shareholders in the ensuing Thirty-First Annual General Meeting of the company,” said Brigade Enterprises.

Brigade Enterprises Q4 results

Brigade Enterprises recorded a 23% fall in its March quarter net profit after tax (PAT) to ₹190 crore, compared year-on-year with ₹249 crore in the same period of the previous financial year, according to the consolidated financial statements.

The realty firm’s revenue from core operations witnessed a marginal drop to ₹1,457 crore in the fourth quarter of the financial year ended 2025-26, compared to ₹1,460 crore in the same period a year ago.

The consolidated financial statements also showed that the company’s revenues for the March quarter were weighed down by the fall in income from its leasing operations, even though the real estate and hospitality remained positive.

Shares of Brigade Enterprises lost around 4% to hit the intraday low of ₹776.10 on Thursday, compared to ₹808.95 at the previous market close.