Concord Biotech approves 1:1 bonus issue and raises capital to ₹22 crore

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Concord Biotech approved a 1:1 bonus issue for shareholders
  • Authorised share capital increased from ₹11 crore to ₹22 crore
  • Bonus shares to be credited by November 22, 2026
  • Proposal remains subject to shareholder approval
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Concord Biotech Limited approved a 1:1 bonus issue and an increase in authorised share capital to ₹22 crore during its board meeting held on September 23, 2026. The proposal remains subject to shareholder approval.

The trading window for designated persons and their immediate relatives remained closed from September 19, 2026, until 48 hours after the outcome of the meeting. Trading resumed on September 26, 2026.

Bonus Issue Details

The Board approved the issuance of bonus equity shares in the proportion of 1:1, meaning one fully paid-up equity share of ₹1 each for every one existing equity share held by shareholders as on the record date. This issuance will be executed by capitalising the share premium account.

Particulars Details
Type of securities Equity shares of ₹1 each
Bonus ratio 1:1
Total number of shares 10,46,16,204
Source of funds Share premium account
Pre-bonus paid-up capital ₹10,46,16,204
Post-bonus paid-up capital ₹20,92,32,408
Estimated credit date By November 22, 2026

Authorised Capital Increase

Concurrently, the Board approved an increase in the Company’s authorised share capital from ₹11 crore to ₹22 crore. This involves the creation of an additional 11,00,00,000 equity shares of ₹1 each, ranking pari passu with existing shares. Consequently, Clause V of the Memorandum of Association will be amended to reflect the new authorised capital structure.

Regulatory Compliance

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the National Stock Exchange of India Limited and BSE Limited regarding the scheduled meeting and its outcomes.

Paritosh Trivedi, Company Secretary & Compliance Officer, signed the disclosure on September 23, 2026.

Historical Stock Returns for Concord Biotech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.82%+5.93%-0.70%+42.85%-3.72%+65.50%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

How will the 1:1 bonus issue impact Concord Biotech's future dividend per share and overall payout ratio?

What specific expansion projects or R&D initiatives is the company planning to fund using the newly increased authorised share capital?

Will the doubling of share count affect the stock's liquidity profile and potential inclusion in broader market indices?

Concord Biotech to host analyst meet on Sep 23 in Ahmedabad

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Concord Biotech to host group analyst meet on September 23, 2026
  • Session scheduled for 12:30 pm in Ahmedabad
  • Event organised as part of JP Morgan Healthcare Trip
  • Discussions limited to publicly available information
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Concord Biotech will host a group meeting with analysts and institutional investors on September 23, 2026. The session is scheduled for 12:30 pm in Ahmedabad as part of the JP Morgan Healthcare Trip.

Meeting Details

The company confirmed the schedule in a disclosure filed with the National Stock Exchange of India Limited and BSE Limited on September 17, 2026. The interaction aims to provide updates based on publicly available information.

Date Time Organised By Nature of Meeting Place
September 23, 2026 12:30 pm JP Morgan Healthcare Trip Group Meeting Ahmedabad

Regulatory Disclosure

The announcement was made pursuant to Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. Paritosh Trivedi, Company Secretary and Compliance Officer, signed the intimation.

The company stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the interactions. Changes to the schedule may occur due to exigencies on the part of the host or the company.

Historical Stock Returns for Concord Biotech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.82%+5.93%-0.70%+42.85%-3.72%+65.50%

How might analyst sentiment from the JP Morgan Healthcare Trip influence Concord Biotech's stock valuation in the immediate quarter?

What specific pipeline milestones or commercial updates are investors likely to prioritize during this group interaction?

Could the focus on publicly available information limit the meeting's impact on short-term trading volumes compared to earnings calls?

More News on Concord Biotech

1 Year Returns:-3.72%