StockWatch
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Pharmaceuticals
Bonus17 Jul 2026, 01:06 pm

Fredun Pharmaceuticals Allots 11,025,380 Bonus Equity Shares

AI Summary

Fredun Pharmaceuticals Limited announced the allotment of 11,025,380 fully paid-up Bonus Equity Shares. The allotment was made in a 2:1 ratio, meaning two new bonus shares for every one existing equity share held as of the record date, July 16, 2026. The face value of each share is ₹10. This bonus issue increases the company's issued and paid-up equity share capital from ₹5,51,26,900 (5,512,690 shares) to ₹16,53,80,700 (16,538,070 shares). The newly allotted bonus shares will rank pari-passu with existing equity shares, carrying identical rights including future dividends.

Key Highlights

  • 11,025,380 bonus equity shares allotted.
  • Bonus ratio is 2:1 (two new shares for every one existing).
  • Total paid-up capital increased to ₹16.54 Cr.
  • Bonus shares rank pari-passu with existing shares.