Board of Biocon recommends 1:1 bonus issue of shares

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Capital Market
Last Updated : Apr 26 2019 | 9:31 AM IST

At meeting held on 25 April 2019

The Board of Biocon has recommended the issue of Bonus Shares by capitalisation of free reserves in the ratio of 1:1 i.e., 1 (one) bonus equity share of Rs. 5/- each fully paid-up for every 1 (one) existing equity share of Rs. 5/- each held by the members, as on the record date, subject to the shareholder's approval through postal ballot.

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First Published: Apr 26 2019 | 9:23 AM IST

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