Mumbai, Sept. 3 -- Under the proposed issue, shareholders will receive one new fully paid-up equity share of Rs 2 each for every four existing shares held on the record date, which will be announced later.

The bonus issue will increase the company's paid-up equity share capital from Rs 8.26 crore to Rs 10.33 crore, subject to necessary approvals.

As of 31 March 2026, Titan Biotech had free reserves and/or share premium of Rs 162.58 crore, based on its audited financial statements.

The company expects to credit or dispatch the bonus shares within two months of the board's approval, or by 3 November 2026, subject to necessary approvals.

Titan Biotech will hold its 34th Annual General Meeting on 29 September 2026. The company has fixed 2...