Two other proposals are on for consideration during Trent's board meeting today. One is for the consideration of dividend, if any for the year. Over the last five years, the company has paid ₹13 per share as dividend to shareholders. Another proposal that will be up for consideration will be an enabling approval to raise additional funds through the issue of equity shares via the rights issue method or any other permissible mode, subject to approvals.

Trent Bonus Share: Board meet today; Stock witnessing best monthly performance since 2009

The bonus share and dividend issuance proposal will be subject to approval from shareholders of Trent. As of March 31, the company had nearly 5 lakh retail shareholders who had a 14% stake.

By Hormaz Fatakia

Shares of Tata Group enterprise Trent Ltd. will be in focus on Wednesday, April 22, ahead of the company's board meeting to consider a bonus issue of shares.

This will be the first instance that the company will be issuing bonus shares to its shareholders.

Based on the March quarter shareholding pattern, Trent had nearly 5 lakh small retail shareholders, or those whose authorised share capital is up to ₹2 lakh. These shareholders held a 14% stake in the company as of March 31.

Along with the bonus issue of shares, the board of Trent will also be considering its results for the March quarter. The street will await more clarity on the road ahead in financial year 2027 as the company has already shared its preliminary update for the quarter gone by, with revenue growth of 20%, the most in a quarter during financial year 2026.

Two other proposals are on for consideration during Trent's board meeting today. One is for the consideration of dividend, if any for the year. Over the last five years, the company has paid ₹13 per share as dividend to shareholders.

Another proposal that will be up for consideration will be an enabling approval to raise additional funds through the issue of equity shares via the rights issue method or any other permissible mode, subject to approvals.

The bonus share and dividend issuance proposal will be subject to approval from the company's shareholders.

Shares of Trent ended Tuesday's trading session at the highs of the day, with gains of 3.8% at ₹4,405. The stock is up 34% for the month of April, which has turned out to be the best monthly performance for the stock since 2009.

Despite this recovery, the stock is still down 47% from its October 2024 peak of ₹8,345.