Brigade Enterprises Announces 1:3 Bonus Issue with Record Date Set for 17 June Brigade Enterprises, a real estate developer based in Bengaluru, has announced a bonus issue of shares to its shareholders. The company has set June 17 as the record date for the bonus issue, which will be distributed in a 1:3 ratio. This means shareholders who hold the company’s shares on the record date will receive one bonus share for every three shares they own. The decision was approved by shareholders through an e-voting process on June 7, as disclosed in a filing with the stock exchange. The bonus issue is part of the company’s capital restructuring plan, which also includes an increase in its share capital. Brigade Enterprises has approved raising its share capital from 250 crores to 400 crores, with shares now to be divided into 40 crore shares instead of the previous 25 crore. This move is expected to enhance liquidity and support the company’s growth initiatives in the real estate sector. The announcement was made following the release of the company’s Q4 results for the fiscal year ending March 2026. During that period, Brigade Enterprises had already proposed the bonus issue to its board, which was subsequently approved by shareholders. The bonus issue is significant as it marks the company’s first such offering in nearly seven years. Shareholders will need to ensure they hold the company’s shares on the record date of June 17 to be eligible for the bonus shares. The company’s shares are currently listed at a face value of 10 rupees. The bonus issue is anticipated to positively impact shareholder equity and investor sentiment, particularly in the context of the real estate market’s evolving dynamics.#real_estate #bengaluru #shareholders #bonus_issue #brigade_enterprises
Bajaj Auto Ltd Announces 150 Rupees Per Share Dividend with Record Date Set for May 29 Bajaj Auto Ltd has announced a dividend of 150 rupees per share for its shareholders, with the record date set for May 29. This decision marks the company's continued commitment to rewarding investors, as it plans to distribute the dividend to eligible shareholders who hold the shares on the specified date. The announcement comes amid a period of steady performance for the company, which has maintained a strong track record of dividend payouts. The dividend amount represents a reduction from the 210 rupees per share distributed in 2025, but it remains significantly higher than the 80 rupees per share paid in 2024. This marks the company's second consecutive year of paying a dividend exceeding 100 rupees per share, reflecting its financial strength and profitability. Bajaj Auto Ltd has been a consistent dividend payer since 2008, when it first distributed 20 rupees per share to investors. The company's ability to sustain and increase dividends over the years underscores its resilience in the competitive automotive sector. The record date of May 29 is crucial for investors, as it determines eligibility for receiving the dividend. Shareholders must ensure their holdings are registered by this date to qualify for the payout. The company's decision to set the record date within the same month as the announcement highlights its proactive approach to managing investor expectations and ensuring smooth distribution processes. In addition to its dividend history, Bajaj Auto Ltd has also demonstrated strong performance in the stock market. Over the past six months, the company's shares have shown a 17% increase, while the stock has delivered a 24% return over the past year. The 52-week high for Bajaj Auto Ltd's shares stands at 10,784.#stock_market #shareholders #dividend #bajaj_auto_ltd #may_29
Our systems and oversight mechanisms robust: Mistry The CEO of a major financial institution reiterated that the organization’s systems and oversight mechanisms are robust, emphasizing the commitment to maintaining trust with stakeholders. Speaking during a recent address, Mistry highlighted that the management is actively engaging with major shareholders to address any lingering concerns. He assured that confidence in the institution would return over time, as the Reserve Bank of India (RBI) had clarified that there was “nothing serious and wrong in any manner whatsoever” regarding the bank’s operations. Mistry’s remarks came amid ongoing discussions about the institution’s transparency and accountability, particularly in light of recent market fluctuations and regulatory scrutiny. The CEO emphasized that the management’s focus remains on restoring stakeholder confidence through proactive communication and operational clarity. He also noted that the RBI’s reassurance played a critical role in alleviating doubts, as the central bank had explicitly stated that no material issues were present within the institution. The statement was part of a broader effort to stabilize investor sentiment, which had been affected by market volatility and speculation about the institution’s financial health. Mistry acknowledged that while challenges remain, the organization’s robust frameworks and adherence to regulatory standards would ensure continued stability. He also mentioned that the management was prepared to address any remaining concerns through direct engagement with shareholders and stakeholders. The RBI’s clarification was a key point in Mistry’s address, as it provided a clear endorsement of the institution’s compliance with regulatory requirements.#shareholders #reserve_bank_of_india #mistry #financial_institution #stakeholders
Indian Oil Corporation Declares Second Interim Dividend of ₹2.00 Per Share for FY26 Indian Oil Corporation's board has approved a second interim dividend of ₹2.00 per share for the financial year 2025-26. The dividend, equivalent to 20% of the face value of ₹10 per equity share, was declared during a board meeting held on March 6, 2026. The payment is scheduled to be made by April 5, 2026. The board meeting, which took place from 1:00 PM to 1:30 PM on March 6, 2026, approved the dividend in compliance with Regulation 30 of SEBI (LODR). This follows an earlier communication dated February 26, 2026, which outlined the board meeting's purpose for considering the dividend declaration. The record date for determining shareholder eligibility has been set as Thursday, March 12, 2026, in accordance with Regulation 42 of SEBI (LODR). Shareholders will be eligible to receive the dividend payment by April 5, 2026. Tax Deducted at Source (TDS) guidelines for the dividend have been specified. The company has outlined the procedures for deducting TDS from the dividend amount, ensuring compliance with tax regulations. The dividend declaration reflects the company's financial performance and commitment to rewarding shareholders. The payment is expected to be distributed to eligible shareholders in line with the established schedule. Indian Oil Corporation has also provided details on the corporate actions related to the dividend, including the timeline for payment and the procedures for TDS compliance. These measures ensure transparency and adherence to regulatory requirements. The second interim dividend is part of the company's ongoing efforts to maintain shareholder value and support its financial strategy.#indian_oil_corporation #sebi_lodr #board_meeting #shareholders #dividend_declaration
