Bengaluru, Aug. 25 -- Welcure Drugs & Pharmaceuticals Ltd in the board of directors meeting held on August 22 has considered and approved Bonus issue and Stock Split. Following company's stellar Q1FY26 financial results, this move is aimed at enhancing liquidity and broadening shareholding.

1:10 Bonus Issue

The Board has considered and approved issue of Bonus Shares in the ratio of 1:10 (One bonus equity share of Rs. 10 each for every Ten equity share of Rs. 10 each) to the eligible equity shareholders of the Company as on the proposed record date by capitalization of securities premium, subject to the approval of the shareholders of the Company. Total 1,12,35,820 Equity Shares will be issued as Bonus Shares. The bonus shares would be c...