Titan Biotech to issue 1:4 bonus shares, record date set for October 23
Indian specialty chemicals maker Titan Biotech announced a 1:4 bonus issue with a record date of October 23, 2026, and trading of new shares from October 27.
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what happened
Titan Biotech's board approved a bonus issue at a 1:4 ratio, meaning each eligible shareholder receives one fully paid equity share of Rs 2 face value for every four shares held. The record date is Friday, October 23, 2026, and the final allotment day is Monday, October 26.
According to a filing with the BSE, the bonus shares will be tradable from Tuesday, October 27, 2026. A total of 1,03,29,625 shares will be issued. The stock closed Friday at Rs 406.90, up 1.57%, with a market capitalisation of Rs 1,681.25 crore.
why it matters
A bonus issue does not change an investor's stake, since the share count grows proportionally, but it increases the number of shares in circulation. The news mainly matters for the local Indian market and is not a significant event for a broad investor audience.
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sources
- 453% return in 3 yrs: Multibagger stock announces bonus shares, record date soon! Do you own? Check ratio, stock return — ru.tradingview.com, 16 October 2026 at 16:35 UTC
- 453% return in 3 yrs: Multibagger stock declares bonus shares; do you own it? Check ratio, stock return and record date — ru.tradingview.com, 16 October 2026 at 17:47 UTC
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