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Zudio and Westside-parent Trent has fixed June 4 (Thursday) as the record date for its first-ever bonus issue in the ratio of 1:2, effectively making today the last date for interested investors to buy the shares of the Tata Group company to be eligible for th... Zudio and Westside-parent Trent has fixed June 4 (Thursday) as the record date for its first-ever bonus issue in the ratio of 1:2, effectively making today the last date for interested investors to buy the shares of the Tata Group company to be eligible for the bonus shares.Only those shareholders who own Trent shares in their demat accounts as of Thursday will be eligible to receive the bonus shares. Due to SEBI's T+1 settlement norm, investors must buy the company's shares at least one trading day before the record date to ensure they are credited to their demat accounts by that date and thus be eligible for the corporate action. This effectively makes today the last date for investors to buy the shares of the company so that they are credited to the shareholders’ accounts by the record date (Thursday), making them eligible for the bonus issue bonanza.All about Trent's bonus issueEarlier in April, Trent had announced the 1:2 bonus issue along with a Rs 6 dividend and Q4 results. The Tata Group company said it will issue one bonus share for every two shares owned as of the record date. Around 17.77 crore shares with a face value of Re 1 each will be issued as part of the offer.Initially, the company had fixed May 29 (Friday) as the record date to determine the eligibility of shareholders set to receive the payment. Later in the beginning of May, Trent revised the record date for the bonus issue to June 4 (Thursday).Trent plans to allot the bonus shares by June 21, utilising share premium worth Rs 17.77 crore. The company’s total share premium available for capitalisation stood at Rs 1,924.3 crore as of March 31, 2026.This marks the first-ever bonus issue announced by the Tata Group company. Earlier in June last year, the company announced a dividend of Rs 5 per equity share, while it paid dividends of Rs 3.20 in May 2024 and Rs 2.20 in May 2023. In 2016, it announced a stock split in the ratio of 10:1.Should you buy Trent shares for bonus reward?Trent’s bonus issue is not an investment trigger by itself, explained Harshal Dasani, Business Head at INVasset PMS. He added that any investor looking at the stock purely to receive bonus shares is confusing liquidity optics with value creation. “A bonus increases the number of shares and adjusts the price accordingly; it does not change the underlying business, cash flows, or economic ownership,” he said.The real question is whether Trent’s earnings trajectory can keep justifying the valuation, Dasani highlighted, adding that the franchise remains among the strongest consumer discretionary stories in India, with store expansion, clean execution and brand recall working in its favour. “But the market