Bonus Issue 1:4; Record Date Fixed for October 23, 2026
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On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.2 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Titan Biotech has fixed October 23, 2026 as the record date for its 1:4 bonus issue (1 new share for every 4 held). It will allot about 1.03 crore bonus shares of Rs 2 each, approved by shareholders at the AGM on September 29, 2026. BSE gave in-principle approval on October 7, 2026. Deemed allotment date is October 26, 2026 and the bonus shares will be available for trading from October 27, 2026.
Eligible shareholders get 1 bonus share for every 4 held; share count rises but EPS and price adjust proportionally.