Bonus shares alert, Oct. 16 -- Shares of Titan Biotech Limited will remain in focus next week due to their upcoming bonus issue record date. The speciality chemicals stock has announced the issuance of bonus shares in a 1:4 ratio. The corporate action comes months after the firm executed a stock split.

Titan Biotech's share price ended 1.5% higher after seeing 3.64% return over the week. Here are all the details about the corporate action announced by the company.

The board of directors of Titan Biotech had considered and approved a bonus issue in the ratio of 1:4. This means that every eligible investor will receive one fully paid-up equity share (of face value Rs.2) for every four existing shares held by them.

Titan Biotech's board o...