Titan Biotech Shares Jump 9% Ahead Of 23 October Bonus Issue Record Date; Check Ratio, Eligibility And Key Dates

Titan Biotech shares rose sharply on Wednesday, 21 October, as investors tracked the upcoming record date for the company’s bonus share issue. The stock climbed around 9% in early trade, with 23 October set as the date for determining shareholders eligible to receive the bonus shares.

The company has announced a bonus issue in the ratio of 1:4. Under this arrangement, eligible shareholders will receive one additional equity share for every four shares held.

Investors looking to qualify for the issue have Wednesday and Thursday this week to buy the Titan Biotech shares, ahead of the Friday record date. The deemed date of allotment for the bonus shares is 26 October 2026.

Titan Biotech had earlier traded the ex-dividend on 22 September for a final dividend of ₹0.50 per share.

Titan Biotech Bonus Share Announcement

In an exchange filing, Titan Biotech disclosed that it had received in-principle approval from the Bombay Stock Exchange (BSE) for the proposed allotment of bonus equity shares.

The approval, communicated through a letter dated 7 October, covers the issue of 1,03,29,625 bonus equity shares with a face value of ₹2 each. The shares will be issued in the ratio of one new equity share for every four existing shares held.

The bonus issue increases the number of shares held by eligible investors, but it does not by itself increase the value of their overall investment. The market price generally adjusts to account for the additional shares.

Titan Biotech Share Performance

Titan Biotech shares rose 9% to ₹445 in early trade on Wednesday. Following the rally, the company’s market capitalisation increased to around ₹1,804 crore. At 11:43 AM, Titan Biotech share price stood at ₹436.45 apiece, up 6.86%.

The stock has gained about 154% from its 52-week low of ₹171.40, recorded on 9 December, 2025. It reached a 52-week high of ₹555.65 on 7 April 2026.

The upcoming bonus issue has put the stock in focus this week, with investors watching its price movement ahead of the 23 October record date.

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