Bonus26 Oct 2026, 10:11 am
Titan Biotech Allots 1.03 Cr Bonus Shares in 1:4 Ratio
AI Summary
Titan Biotech Ltd has announced the allotment of 1,03,29,625 fully paid-up bonus equity shares of Rs. 2/- each. This allotment is in the ratio of 1:4, meaning one new share for every four existing shares held by eligible shareholders as of the record date, October 23, 2026. The company's paid-up equity share capital will increase from Rs. 8,26,37,000 to Rs. 10,32,96,250 post-allotment. The Board of Directors approved the allotment on October 26, 2026, following shareholder approval at the AGM on September 29, 2026.
Key Highlights
- Allotment of 1,03,29,625 bonus equity shares approved.
- Bonus ratio set at 1:4 for eligible shareholders.
- Record date for eligibility fixed as October 23, 2026.
- Paid-up capital increases to Rs. 10,32,96,250.
- Board approved allotment on October 26, 2026.
Price Impact
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