Bengaluru-based real estate developer Brigade Enterprises has fixed June 17 (Wednesday) as the record date for its bonus issue in the ratio of 1:3, which has now received shareholder approval.
In an exchange filing released on Monday, Brigade Enterprises announced that its shareholders approved the issue of bonus shares through postal ballot by way of e-voting on June 7. Only those shareholders who own shares of the real estate company in their demat accounts as on the record date will be eligible to receive the bonus shares.