StockWatch
·
Pharmaceuticals
Bonus27 Oct 2026, 07:30 pm

Concord Biotech fixes Nov 4 as record date for 1:1 bonus share issue

AI Summary

Concord Biotech Ltd announced that its Board of Directors, in a meeting held on October 27, 2026, has fixed Wednesday, November 04, 2026, as the record date for the issuance of bonus equity shares. The company will issue one bonus equity share for every one existing fully paid-up share held, a ratio of 1:1. This corporate action is subject to statutory and regulatory approvals. The deemed date of allotment for these bonus shares is November 05, 2026.

Key Highlights

  • Board approved 1:1 bonus share issuance.
  • Record date set for November 4, 2026.
  • Deemed allotment date is November 5, 2026.
  • Subject to necessary approvals.