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Biocon allots 60 crore equity shares under bonus issue

Capital Market 

Biocon has allotted 60,00,00,000 (Sixty Crores) equity shares of Rs. 5/- each as fully-paid up bonus equity shares on 15 June 2019, in the ratio of 1:1, to the eligible members whose names appear in the register of members/ list of beneficial owners as on 13 June 2019, being the record date fixed for this purpose.

Further, credit of bonus shares/ dispatch of physical share certificates shall be completed on or before 21 June 2019.

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

First Published: Sat, June 15 2019. 13:02 IST