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Biocon surges 5% on bonus issue plan

The board will meet on April 27, to consider bonus issue shares

SI Reporter  |  Mumbai 

Biocon rallied 5.5% to Rs 1,125 on BSE in early morning trade after the company said that the board will consider issue of bonus shares in their meeting held on Thursday, April 27, 2017. Earlier on March 30, the company engaged in biotechnology business had said a meeting of the board of directors of the company will be held on April 27, 2017,  to consider, approve and take on record, the audited financial results (both standalone and consolidated) of the company for the year ended March 31, 2017. On April 20, Biocon said the board will also consider and recommend a final ...

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First Published: Tue, April 25 2017. 09:30 IST
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