Bonus9 Oct 2026, 04:47 pm
Titan Biotech Fixes Oct 23 Record Date for 1:4 Bonus Share Allotment
AI Summary
Titan Biotech Ltd has announced October 23, 2026, as the record date to determine shareholder eligibility for a 1:4 bonus share issue. The company received in-principle approval from BSE Limited on October 7, 2026, for the issuance of 1,03,29,625 bonus equity shares of Rs. 2 each. This follows shareholder approval at the 34th Annual General Meeting on September 29, 2026. The deemed date of allotment is October 26, 2026, with the bonus shares expected to be available for trading on October 27, 2026, in compliance with SEBI regulations.
Key Highlights
- Record date set for October 23, 2026, for bonus share entitlement.
- Bonus share ratio is 1:4 (one new share for every four existing shares).
- 1,03,29,625 bonus equity shares of Rs. 2 each to be allotted.
- Deemed allotment date is October 26, 2026.
- Shares to be available for trading by October 27, 2026.
Price Impact
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