Tata Group Retail Giant Announces 1:2 Bonus Issue and ESOP 2026; Shareholders to Vote Till 27 May
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Trent Limited has launched a postal ballot to approve a bonus share issue, reclassification of authorised share capital to Rs 85.55 crore, and adoption of ESOP 2026 covering up to 8,88,700 options.
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Trent remained in focus after the company initiated a postal ballot process seeking shareholder approval on multiple capital market proposals including a bonus issue of equity shares, adoption of Employee Stock Option Plan 2026, and reclassification of authorised share capital.
Trent Seeks Shareholder Nod for 1:2 Bonus Issue
Trent has proposed issuance of 1 bonus equity share of face value Re 1 each for every 2 fully paid-up equity shares held by shareholders as on the record date of May 29, 2026, subject to shareholder approval through postal ballot.
The company stated that the bonus shares will be issued by capitalising a sum not exceeding Rs 17.78 crore from its securities premium account. As per SEBI regulations, the bonus shares will be allotted only in dematerialised form and the implementation of the bonus issue is scheduled within two months from April 22, 2026, being the date of Board approval.
Authorised Share Capital Reclassified to Support Future Capital Needs
To facilitate the proposed bonus issue and future capital requirements, Trent has also sought approval for reclassification of its authorised share capital to Rs 85.55 crore divided into 85.55 crore equity shares of Re 1 each, along with consequential amendment in Clause V of the Memorandum of Association.
The existing authorised capital structure included multiple classes of preference and unclassified shares, which the company now proposes to convert entirely into equity share capital.
Trent Introduces ESOP 2026 with 8.88 Lakh Stock Options
Separately, the company is seeking members’ approval for adoption of ‘Trent Limited Employee Stock Option Plan 2026’ under which up to 8,88,700 employee stock options may be granted in one or more tranches to eligible employees of the company and its group, subsidiary and associate companies.
Each option will be convertible into one fully paid-up equity share of Re 1 each. The exercise price has been fixed at Rs 3,978 per option, based on the closing market price on NSE as on April 15, 2026. The total options represent approximately 0.25 per cent of the issued share capital as of March 31, 2026.
About Trent Ltd
Trent Ltd is one of India’s leading branded lifestyle retail companies and a part of the Tata Group. The company owns and operates major retail formats including Westside, Zudio, Samoh and Star, with a strong presence across fashion, grocery and lifestyle categories.
As of FY25, Trent operated 1,043 stores across 242 cities with a retail footprint exceeding 13 million square feet, along with its international expansion through stores in Dubai.
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Disclaimer: This article is for informational purposes only and not investment advice.