Titan Biotech 1:4 Bonus Shares: Record Date Oct 23, Allotment Oct 26

titan biotech 1:4 bonus shares – key dates and eligibility

Titan Biotech Ltd has announced a 1:4 bonus share issue that will reward existing shareholders without any cash outlay. The record date for determining eligibility is 23 October 2026, and the deemed allotment date is 26 October 2026. Shares credited on 26 October will be tradable from 27 October, in line with SEBI guidelines.

453% return in 3 yrs highlights the stock’s performance

Recent coverage has noted a cumulative return of about 453 percent over the past three years, underscoring the stock’s strong trajectory. While the bonus issue is separate from price performance, the announcement follows a robust first‑quarter FY27 report, where net profit rose 53 percent year‑on‑year to ₹94.6 crore.

How the bonus issue affects shareholders

Under the 1:4 ratio, an investor holding four shares on the record date receives one additional share. For example, a holder of 40 shares will obtain 10 bonus shares, increasing the total to 50 shares. The company will issue a total of 1,03,29,625 bonus shares, funded largely from free reserves and the share premium account—approximately ₹2.07 crore will be drawn from these reserves.

Next steps after the allotment

Following shareholder approval at the 34th Annual General Meeting on 29 September 2026, the board also approved an increase in authorized capital from ₹10 crore (5 million shares) to ₹10.4 crore (5.2 million shares). The firm will submit required documents to depositories by 12 noon on 26 October so that the bonus shares are credited to demat accounts. Trading of the newly allotted shares is expected to begin on 27 October, the next working day.

Investors should verify their holdings as of the record date and consult their brokers for any procedural details. The bonus issue does not alter the face value of shares, which remains at ₹2 each.

Sources: Zee Business, Livemint, TradingView.