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Biocon allots 40 crore equity shares

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Capital Market

Under bonus issue

Biocon announced that the Board of Directors of the Company at its meeting held on 19 June 2017 has allotted 40,00,00,000 equity shares of Rs. 5/- each as fully-paid up bonus equity shares, in the ratio of 2 equity shares 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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First Published: Jun 20 2017 | 9:23 AM IST

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