Fixation of Record Date for Stock Split/Sub-Division of Shares & Bonus issue.
Price
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Welcure Drugs & Pharmaceuticals has fixed Thursday, October 16, 2025 as the record date for two corporate actions approved at its AGM on September 27, 2025. First, the company will sub-divide (split) every 1 equity share of face value Rs. 10 into 10 equity shares of face value Rs. 1 each. Second, it will issue 1 bonus share for every 10 equity shares held by eligible shareholders. The total number of shares will increase significantly, while the face value per share drops to Rs. 1. Existing shareholders of record on October 16 will receive both the split shares and the bonus shares. The total shareholding value should remain unchanged immediately after these actions, though the share count and price will adjust accordingly.
Shareholders will see a 10x increase in the number of shares they hold due to the split, plus a bonus of 1 share for every 10 held. The per-share market price is expected to adjust downward proportionally, keeping the overall investment value the same. This move typically improves liquidity and makes the stock more affordable for smaller retail investors.