Trent Ltd, the retail arm of Tata Group, closed 4.3% down at Rs 4,244 in NSE on Thursday despite strong Q4FY26 performance.
The company also announced key corporate actions, including a bonus share issue, dividend payout, and fundraising plans, reflecting confidence in its expansion momentum and future outlook.
Corporate Actions Announced
Action
Details
Bonus Issue
1:2 (1 share for every 2 held)
Dividend
₹6 per share (600%)
Fundraising Plan
Up to ₹2,500 crore
Mode of Fundraising
Rights issue and/or other methods
Director Appointment
Bahram Vakil as Additional Director (effective April 23, 2026)
DBT Bureau Pune, 16 May 2026 Global commodities markets remained volatile amid rising geopolitical tensions, inflationary pressures, and tightening energy...