Biocon Limited has informed the Exchange regarding a press release dated Jun 09, 2025, titled "Biocon Foundation in Partnership with NCBS and BeST Cluster Launches BioWISE Program - to Empower Women in STEM".
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Biocon Foundation, the CSR arm of Biocon Group, has launched a program called BioWISE (Women in STEM Empowered) in partnership with NCBS and the Bengaluru Science and Technology (BeST) Cluster. The program will support 25 women students (15 postgraduate and 10 undergraduate) from life sciences backgrounds at tier 2 and tier 3 universities across Karnataka through scholarships, internships, and mentorship. It will run for 6 months for PG students and 3 months for UG students, offering lab visits, hands-on training, research seminars, and soft skills development. Biocon Biologics will provide funding and mentorship, NCBS will serve as the host institute, and BeST Cluster will handle program design and management.
This is a corporate social responsibility initiative with no direct material impact on Biocon's financial performance, revenues, or operations. Shareholders should not expect any near-term effect on the stock price from this announcement.