Trent shares in focus as Zudio parent announces maiden 1 2 bonus record date May 29

Bonus plus Rs 6 dividend and a 26% profit jump

Trent, the Tata Group firm behind Zudio, has announced its maiden bonus issue of one share for every two held, with May 29 as the record date. The plan comes with a Rs 6 dividend and follows a strong Q4 performance, where profit rose 26%. Management says the move is intended to improve share liquidity and supports further capital raising.