Brigade Enterprises announces 1:3 bonus issue for shareholders
after close1 source ↓written by the desknot a recommendation
- has approved
- 1:3 bonus share issue
- share capital
- ₹250 cr
- ₹400 cr
Bengaluru-based real estate developer Brigade Enterprises has approved a 1:3 bonus share issue, its first in seven years. Shareholders will receive one bonus share for every three shares held, pending approval. The company plans to increase its share capital from ₹250 cr to ₹400 cr. This move signals strong financial health and growth prospects for the firm.
Not investment advice. For informational purposes only.