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Biocon allots 40 crore equity shares

Capital Market 

Under bonus issue

announced that the Board of Directors of the Company at its meeting held on 19 June 2017 has allotted 40,00,00,000 equity of Rs. 5/- each as fully-paid up bonus equity shares, in the ratio of 2 equity for every 1 equity share held, to the eligible members whose names appear on the register of members/list of beneficial owners as on 17 June 2017, being the record date fixed for this purpose.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 20 2017. 09:23 IST